Western Alaska Minerals Corp. (CVE:WAM – Get Free Report) shot up 6.3% during mid-day trading on Friday . The company traded as high as C$0.86 and last traded at C$0.84. 365,920 shares were traded during trading, an increase of 231% from the average session volume of 110,491 shares. The stock had previously closed at C$0.79.
Western Alaska Minerals Stock Performance
The firm has a market capitalization of C$72.24 million, a price-to-earnings ratio of -10.50 and a beta of 1.90. The company has a 50-day moving average price of C$1.01 and a 200-day moving average price of C$0.93.
About Western Alaska Minerals
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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