Western Alaska Minerals Corp. (CVE:WAM – Get Free Report) shares dropped 4.7% during mid-day trading on Friday . The stock traded as low as C$0.61 and last traded at C$0.61. Approximately 7,800 shares changed hands during trading, a decline of 72% from the average daily volume of 28,179 shares. The stock had previously closed at C$0.64.
Western Alaska Minerals Stock Down 4.7 %
The firm’s 50 day simple moving average is C$0.52 and its 200-day simple moving average is C$0.63. The company has a market capitalization of C$16.83 million, a PE ratio of -4.86 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.
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