Western Alaska Minerals (CVE:WAM) Trading Up 12% – What’s Next?

Western Alaska Minerals Corp. (CVE:WAM) shares were up 12% on Tuesday . The company traded as high as C$0.84 and last traded at C$0.84. Approximately 115,832 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 262,266 shares. The stock had previously closed at C$0.75.

Western Alaska Minerals Trading Up 12.0%

The stock’s 50-day moving average is C$0.99 and its 200-day moving average is C$1.02. The firm has a market capitalization of C$74.04 million, a price-to-earnings ratio of -14.00 and a beta of 2.46.

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.