Western Alaska Minerals (CVE:WAM) Trading Down 9.6% – Time to Sell?

Western Alaska Minerals Corp. (CVE:WAM)’s share price traded down 9.6% on Monday . The company traded as low as C$0.66 and last traded at C$0.66. 106,323 shares were traded during mid-day trading, a decline of 53% from the average session volume of 227,113 shares. The stock had previously closed at C$0.73.

Western Alaska Minerals Price Performance

The stock has a market capitalization of C$66.56 million, a PE ratio of -5.77 and a beta of 2.57. The stock has a 50 day moving average of C$0.86 and a two-hundred day moving average of C$0.98.

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.