Western Alaska Minerals (CVE:WAM) Trading Up 6.4% – Here’s Why

Western Alaska Minerals Corp. (CVE:WAM)’s share price traded up 6.4% during trading on Tuesday . The stock traded as high as C$0.50 and last traded at C$0.50. 15,407 shares changed hands during trading, a decline of 43% from the average session volume of 27,042 shares. The stock had previously closed at C$0.47.

Western Alaska Minerals Stock Performance

The firm has a market capitalization of C$20.97 million, a price-to-earnings ratio of -3.85 and a beta of 3.59. The company has a 50-day moving average of C$0.56 and a 200-day moving average of C$0.72.

Western Alaska Minerals Company Profile

Western Alaska Minerals Corp. engages in the acquiring, exploring, and developing mineral properties in the United States. The company primarily explores for gold, silver, molybdenum, copper, lead, and zinc deposits. It holds a 100% interest in the Round Top Property that consists of 92 state mineral claims located in the Mount McKinley and Nulato mining districts of Alaska; the Honker Property that consists of 24 state mineral claims located in the Mount McKinley mining district of Alaska; and the Illinois Creek Mine Project covering a total area of approximately 73,000 acres located in Alaska.