Western Alaska Minerals Corp ( (TSE:WAM) ) just unveiled an announcement.
Western Alaska Minerals Corp. has announced a name change to Alaska Silver Corp., effective April 25, 2025, reflecting its focus on silver resources at the Illinois Creek Project. The rebranding highlights the company’s commitment to expanding its high-grade silver mineralization at the Waterpump Creek Deposit, which is central to its operations, and underscores the importance of silver both industrially and as an investment.
Spark’s Take on TSE:WAM Stock
According to Spark, TipRanks’ AI Analyst, TSE:WAM is a Neutral.
Western Alaska Minerals Corp shows significant weaknesses in financial performance, with no revenue, negative earnings, and reliance on external financing. The technical indicators signify a bearish trend, while valuation metrics highlight unattractiveness due to negative profitability and no dividends. The stability of the balance sheet provides some support, but overall, the stock faces considerable challenges.
To see Spark’s full report on TSE:WAM stock, click here.
More about Western Alaska Minerals Corp
Western Alaska Minerals, now rebranded as Alaska Silver Corp., is focused on developing North America’s next major silver and critical minerals district at the Illinois Creek Project. The company owns a significant land package in Alaska, featuring high-grade silver mineralization and a history of successful mine discoveries.
YTD Price Performance: 26.00%
Average Trading Volume: 31,407
Technical Sentiment Signal: Buy
Current Market Cap: C$25.45M
See more data about WAM stock on TipRanks’ Stock Analysis page.