Western Alaska Minerals (CVE:WAM) Shares Up 2.2% – Time to Buy?

Western Alaska Minerals Corp. (CVE:WAMGet Free Report)’s stock price shot up 2.2% during trading on Thursday . The stock traded as high as C$0.97 and last traded at C$0.92. 365,865 shares changed hands during mid-day trading, an increase of 261% from the average session volume of 101,309 shares. The stock had previously closed at C$0.90.

Western Alaska Minerals Price Performance

The company has a market capitalization of C$79.12 million, a PE ratio of -11.50 and a beta of 2.16. The firm’s fifty day simple moving average is C$1.12 and its 200 day simple moving average is C$0.90.

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.

Further Reading

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