Shares of Western Alaska Minerals Corp. (CVE:WAM – Get Free Report) were down 14.4% on Thursday . The stock traded as low as C$0.89 and last traded at C$0.89. Approximately 523,979 shares changed hands during trading, an increase of 58% from the average daily volume of 331,788 shares. The stock had previously closed at C$1.04.
Western Alaska Minerals Stock Up 9.0%
The firm has a market capitalization of C$85.49 million, a price-to-earnings ratio of -16.17 and a beta of 2.72. The company’s 50 day moving average is C$1.17 and its 200 day moving average is C$1.09.
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.
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