Western Alaska Minerals (CVE:WAM) Hits New 52-Week Low – Time to Sell?

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

Western Alaska Minerals Price Performance

The company has a market capitalization of C$18.87 million, a P/E ratio of -3.46 and a beta of 3.59. The company has a fifty day moving average price of C$0.63 and a two-hundred day moving average price of 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.