Western Alaska Minerals (CVE:WAM) Trading 6.4% Higher – Here’s What Happened

Western Alaska Minerals Corp. (CVE:WAMGet Free Report) shares were up 6.4% on Tuesday . The company traded as high as C$0.50 and last traded at C$0.50. Approximately 15,407 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 27,042 shares. The stock had previously closed at C$0.47.

Western Alaska Minerals Stock Performance

The business’s fifty day moving average is C$0.56 and its 200-day moving average is C$0.72. The firm has a market cap of C$20.97 million, a P/E ratio of -3.85 and a beta of 3.59.

Western Alaska Minerals Company Profile

(Get Free Report)

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.

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