Western Alaska Minerals (CVE:WAM) Shares Down 9.6% - Time to Sell?

Key Points

• Shares fell 9.6% to C$0.66 on Monday, with 106,323 shares traded — about a 53% drop from the average daily volume — after a prior close of C$0.73.
• The company has a market cap of C$60.35 million, a negative PE (-5.23) and a high beta (2.57), and the stock is trading below both its 50‑day (C$0.87) and 200‑day (C$0.98) moving averages.
• Western Alaska Minerals is an Alaska-focused explorer holding 100% interests in key projects (Round Top, Honker and the Illinois Creek Mine Project covering ~73,000 acres) targeting gold, silver, molybdenum, copper, lead and zinc.

Western Alaska Minerals Corp. (CVE:WAM - ) shares fell 9.6% during trading on Monday . The company traded as low as C$0.66 and last traded at C$0.66. 106,323 shares changed hands during 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 company has a market cap of C$60.35 million, a PE ratio of -5.23 and a beta of 2.57. The company has a 50-day moving average price of C$0.87 and a two-hundred day moving average price 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.

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