Western Alaska Minerals (CVE:WAM) Trading 6.4% Higher – Should You Buy?

Western Alaska Minerals Corp. (CVE:WAM)’s stock price shot up 6.4% during mid-day trading on Tuesday . The stock traded as high as C$0.50 and last traded at C$0.50. 15,407 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 27,042 shares. The stock had previously closed at C$0.47.

Western Alaska Minerals Trading Down 4.0 %

The stock has a 50 day simple moving average of C$0.55 and a 200-day simple moving average of C$0.72. The firm has a market capitalization of C$20.13 million, a P/E ratio of -3.69 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.