Western Alaska Minerals (CVE:WAM) Trading Up 12% – Should You Buy?

Western Alaska Minerals Corp. (CVE:WAM)’s share price shot up 12% on Tuesday . The stock traded as high as C$0.84 and last traded at C$0.84. 115,832 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 262,266 shares. The stock had previously closed at C$0.75.

Western Alaska Minerals Stock Up 12.0%

The company has a market cap of C$74.04 million, a price-to-earnings ratio of -14.00 and a beta of 2.46. The firm has a 50 day moving average price of C$0.99 and a two-hundred day moving average price of C$1.02.

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.