Western Alaska Minerals (CVE:WAM) Shares Up 6.2% – Time to Buy?

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

Western Alaska Minerals Stock Down 4.3 %

The company has a market cap of C$18.48 million, a PE ratio of -5.34 and a beta of 3.59. The stock has a 50-day simple moving average of C$0.57 and a 200 day simple moving average of C$0.60.

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.