What’s Next for WEALTH MINERALS LTD. COMMON SHARES (OTCMKTS:WMLLF) After Having Less Shares Shorted?

July 16, 2018 - By Lisa Delgado

Wealth Minerals Ltd. (OTCMKTS:WMLLF) Logo

The stock of WEALTH MINERALS LTD. COMMON SHARES (OTCMKTS:WMLLF) registered a decrease of 31.94% in short interest. WMLLF’s total short interest was 86,100 shares in July as published by FINRA. Its down 31.94% from 126,500 shares, reported previously. With 179,800 shares average volume, it will take short sellers 1 days to cover their WMLLF’s short positions.

The stock decreased 1.36% or $0.0083 during the last trading session, reaching $0.6037. About 37,201 shares traded. Wealth Minerals Ltd. (OTCMKTS:WMLLF) has 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico, Peru, and Canada. The company has market cap of $72.51 million. It explores for lithium, precious metals, and copper. It currently has negative earnings. The firm primarily holds option agreements to acquire interests in various lithium projects, including the exploration concessions covering the Salar de Aguas Calientes Norte, and portions of the Salar de Pujsa and Salar de Quisquiro in Chile.

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