Western Alaska Minerals (CVE:WAM) Stock Price Down 7.3% – Here’s What Happened

Western Alaska Minerals Corp. (CVE:WAM) traded down 7.3% on Thursday . The stock traded as low as C$0.75 and last traded at C$0.76. 128,985 shares were traded during mid-day trading, a decline of 52% from the average session volume of 267,333 shares. The stock had previously closed at C$0.82.

Western Alaska Minerals Stock Down 8.5%

The firm has a market cap of C$66.10 million, a price-to-earnings ratio of -12.50 and a beta of 2.46. The business has a 50 day moving average price of C$1.01 and a 200-day moving average price of C$1.04.

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.