Western Alaska Minerals (TSXV:WAM) - Stock Price, News & Analysis

WAM Stock Overview

Engages in the acquiring, exploring, and developing mineral properties in the United States. More details

WAM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Makes less than USD$1m in revenue ($0)

Earnings are forecast to decline by an average of 19% per year for the next 3 years

Does not have a meaningful market cap (CA$38M)

+ 2 more risks

Western Alaska Minerals Corp. Competitors

Equity Metals

TSXV:EQTY

CA$33.8m

Mawson Finland

TSXV:MFL

CA$37.1m

Vior

TSXV:VIO

CA$48.0m

White Gold

TSXV:WGO

CA$38.8m

Price History & Performance

Summary of all time highs, changes and price drops for Western Alaska Minerals
Historical stock prices
Current Share Price	CA$0.57
52 Week High	CA$1.12
52 Week Low	CA$0.47
Beta	3.59
11 Month Change	-26.92%
3 Month Change	-38.71%
1 Year Change	-36.67%
33 Year Change	-52.10%
5 Year Change	n/a
Change since IPO	-36.67%

Recent updates

Shareholder Returns

	WAM	CA Metals and Mining	CA Market
7D	-9.5%	5.3%	0.7%
1Y	-36.7%	30.0%	21.7%

Return vs Industry: WAM underperformed the Canadian Metals and Mining industry which returned 30% over the past year.

Return vs Market: WAM underperformed the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is WAM's price volatile compared to industry and market?
WAM volatility
WAM Average Weekly Movement	11.7%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: WAM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: WAM's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Kit Marrs	www.westernalaskaminerals.com

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.

Western Alaska Minerals Corp. Fundamentals Summary

How do Western Alaska Minerals's earnings and revenue compare to its market cap?
WAM fundamental statistics
Market cap	CA$38.04m
Earnings (TTM)	-CA$4.72m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-7.8x

P/E Ratio

Is WAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAM income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$3.38m
Earnings	-US$3.38m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.052
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	7.4%

How did WAM perform over the long term?

See historical performance and comparison

WAM Stock Overview

Risk Analysis

Western Alaska Minerals Corp. Competitors

TSXV:EQTY

CA$33.8m

TSXV:MFL

CA$37.1m

TSXV:VIO

CA$48.0m

TSXV:WGO

CA$38.8m

Price History & Performance

Recent News & Updates

Western Alaska Minerals Drilling Confirms District-Scale Potential

Western Alaska Minerals Provides Update of the 2024 Discovery At the Warm Springs Target on Its 100% Owned Illinois Creek Project in Western Alaska

Western Alaska Minerals Announces Initial Gold Assay Results from Their First Ever Drilling at the Warm Springs Target on the Illinois Creek Project in Western Alaska

Western Alaska Minerals Commences Drilling at its 100% Owned Illinois Creek Property in Western Alaska

Western Alaska Minerals Announces CFO Changes

Western Alaska Minerals Corp. announced that it has received CAD 2.608438 million in funding

Recent updates

Western Alaska Minerals Drilling Confirms District-Scale Potential

Western Alaska Minerals Provides Update of the 2024 Discovery At the Warm Springs Target on Its 100% Owned Illinois Creek Project in Western Alaska

Western Alaska Minerals Announces Initial Gold Assay Results from Their First Ever Drilling at the Warm Springs Target on the Illinois Creek Project in Western Alaska

Western Alaska Minerals Commences Drilling at its 100% Owned Illinois Creek Property in Western Alaska

Western Alaska Minerals Announces CFO Changes

Western Alaska Minerals Corp. announced that it has received CAD 2.608438 million in funding

Western Alaska Minerals Corp. announced that it has received CAD 2.478438 million in funding

Western Alaska Minerals Corp., Annual General Meeting, Jun 28, 2024

Western Alaska Minerals Corp. announced that it expects to receive CAD 6.5 million in funding

Western Alaska Minerals Corp. Announces Resignation of Alex Tong as CFO Effective June 30, 2024

Western Alaska Minerals Corp. Announces Resignation of Alex Tong as CFO Effective June 30, 2024

Western Alaska Minerals Provides Exploration Summary for 2023 Work Completed on Its 100% Owned, 30,000-Hectare Illinois Creek Carbonate Replacement Deposit Project in Central Alaska

Western Alaska Minerals Corp. Announces Change to Board of Directors

Western Alaska Minerals Corp. Announces Change to Board of Directors

Western Alaska Minerals Corp. announced that it has received $0.982214 million in funding

Western Alaska Minerals Corp. announced that it has received CAD 1.686234 million in funding

Western Alaska Minerals Corp. announced that it expects to receive CAD 1.500001 million in funding

Western Alaska Minerals Corp.'S Common Shares to Be Delisted from the TSX Venture Exchange

Western Alaska Minerals Reports First Assays from 2023 Drilling - Drill Hole WPC23-0029 (Infill)

Western Alaska Minerals Extends Waterpump Creek Mineralization

Western Alaska Minerals Announces Commencement of Operations and Exploration Activities At Its 100% Owned Illinois Creek Mining District

Western Alaska Minerals Announces Updated Ni 43-101 Report Highlighting Waterpump Creek Results and Exploration Implications

Western Alaska Minerals Corp. announced that it has received $1.044865 million in funding

Western Alaska Minerals Corp. announced that it expects to receive CAD 41.6 million in funding from Appian Capital Advisory LLP

Western Alaska Minerals Corp., Annual General Meeting, Jun 30, 2023

Western Alaska Minerals Announces Bonanza-Grades from Waterpump Creek

Western Alaska Minerals Announces Assay Results for Three Thick, High-Grade Mineralized Intervals from Waterpump Creek Drill Hole WPC22-22

Insufficient new directors

Western Alaska Minerals Announces Two Thick, High-Grade Mineralized Intervals from Waterpump Creek

Western Alaska Minerals Reports Assays for Multi-Stage CRD Feeder Zone Cut in Hole WPC22-18 at Waterpump Creek

Western Alaska Minerals Corp. announced that it has received CAD 12.000696 million in funding

Western Alaska Minerals Corp. announced that it expects to receive CAD 8.2 million in funding

Western Alaska Minerals Corp. Reports 337 g/t (10.8 OZ/t) Silver, 16.7% Zinc and 10.0% Lead over 11.5 Meters in WPC22-11 Drilled Prior to the 101 Meter WPC22-18 Discovery Hole At Waterpump Creek

Co-Founder exercised options to buy CA$425k worth of stock.

Western Alaska Minerals Announces Additional Visual Observations of Core from Its Ongoing Drilling At the Waterpump Creek Carbonate Replacement Deposit

Western Alaska Minerals Announces Initial Drill Results At Its Highgrade Carbonate Replacement Deposit - Up to 18.5 Meters of Massive Sulfide in Tw0 Horizons Encountered in Waterpump Creek Wpc22-07

Western Alaska Minerals Corp. Announces the Opening of its Illinois Creek Camp and the Commencement of Drilling at the Waterpump Creek High-Grade Silver-Lead-Zinc Carbonate Replacement Deposit (CRD) in Western Alaska

Western Alaska Minerals Corp. Announces Commencement of the 2022 Exploration Program in the Illinois Creek Mining District

No independent directors

Western Alaska Minerals Corp. announced that it expects to receive CAD 5.004 million in funding

Western Alaska Minerals Reports Final 2021 Drill Results and Provides A New District Geological Interpretation At It's Illinois Creek Project, Alaska

Western Alaska Minerals Corp. Announces Final 2021 Drill Results from the Waterpump Creek Carbonate Replacement Deposit Target at Its 100%-Owned Illinois Creek Project in Western Alaska