Western Alaska Minerals (CVE:WAM) Shares Up 6.2% – Time to Buy?

Western Alaska Minerals Corp. (CVE:WAM)’s share price shot up 6.2% on Monday . The stock traded as high as C$0.70 and last traded at C$0.69. 43,600 shares traded 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 Down 4.3 %

The firm has a market capitalization of C$18.48 million, a PE ratio of -5.34 and a beta of 3.59. The company has a fifty day moving average price of C$0.57 and a two-hundred day moving average price of C$0.60.

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.