Western Alaska Minerals (CVE:WAM) Shares Up 6.3% – What’s Next?

Western Alaska Minerals Corp. (CVE:WAM) shares rose 6.3% during trading on Friday . The stock traded as high as C$0.86 and last traded at C$0.84. Approximately 365,920 shares were traded during trading, an increase of 231% from the average daily volume of 110,491 shares. The stock had previously closed at C$0.79.

Western Alaska Minerals Stock Up 6.3%

The firm has a 50-day simple moving average of C$1.01 and a 200 day simple moving average of C$0.93. The company has a market cap of C$72.24 million, a price-to-earnings ratio of -10.50 and a beta of 1.90.

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.