Western Alaska Minerals (CVE:WAM) Shares Up 6.2% – Here’s What Happened

Western Alaska Minerals Corp. (CVE:WAM) shares shot up 6.2% during trading on Monday . The company traded as high as C$0.70 and last traded at C$0.69. 43,600 shares changed hands during mid-day trading, an increase of 52% from the average session volume of 28,682 shares. The stock had previously closed at C$0.65.

Western Alaska Minerals Trading Up 6.2 %

The business has a 50 day moving average of C$0.57 and a 200-day moving average of C$0.60. The stock has a market cap of C$19.03 million, a PE ratio of -5.50 and a beta of 3.59.

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.