Western Alaska Minerals (CVE:WAM) Shares Up 6.2% – Here’s What Happened

Western Alaska Minerals Corp. (CVE:WAM)’s stock price rose 6.2% during trading on Monday . The stock traded as high as C$0.70 and last traded at C$0.69. Approximately 43,600 shares were traded during mid-day trading, an increase of 52% from the average daily volume of 28,682 shares. The stock had previously closed at C$0.65.

Western Alaska Minerals Stock Up 6.2 %

The company has a 50 day moving average of C$0.57 and a 200 day moving average of C$0.60. The firm has a market cap of C$19.03 million, a price-to-earnings ratio of -5.50 and a beta of 3.59.

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.