Western Alaska Minerals (CVE:WAM) Sets New 52-Week Low – Here’s Why

Western Alaska Minerals Corp. (CVE:WAM)’s stock price reached a new 52-week low on Monday . The company traded as low as C$0.46 and last traded at C$0.47, with a volume of 85786 shares changing hands. The stock had previously closed at C$0.50.

Western Alaska Minerals Stock Performance

The stock has a market cap of C$18.87 million, a P/E ratio of -3.46 and a beta of 3.59. The firm’s fifty day simple moving average is C$0.63 and its 200-day simple moving average is C$0.76.

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.