Western Alaska Minerals (CVE:WAM) Stock Price Up 12% – Here’s Why

Western Alaska Minerals Corp. (CVE:WAM) shares traded up 12% during trading on Tuesday . The company traded as high as C$0.84 and last traded at C$0.84. 115,832 shares changed hands during trading, a decline of 56% from the average session volume of 262,266 shares. The stock had previously closed at C$0.75.

Western Alaska Minerals Trading Down 2.2%

The business’s 50-day simple moving average is C$0.98 and its 200-day simple moving average is C$1.02. The company has a market cap of C$76.68 million, a PE ratio of -14.50 and a beta of 2.46.

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.