Western Alaska Minerals (CVE:WAM) Trading 2.5% Higher – What’s Next?

Western Alaska Minerals Corp. (CVE:WAM) shares rose 2.5% on Friday . The company traded as high as C$1.03 and last traded at C$1.03. Approximately 218,035 shares were traded during trading, a decline of 20% from the average daily volume of 272,863 shares. The stock had previously closed at C$1.01.

Western Alaska Minerals Price Performance

The stock’s 50-day moving average price is C$1.13 and its 200-day moving average price is C$1.07. The company has a market cap of C$90.78 million, a P/E ratio of -17.17 and a beta of 2.72.

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.