Great Western Mining (LON:GWMO) Trading Down 4.3% – Here’s Why

Great Western Mining Co. PLC (LON:GWMOGet Free Report)’s share price traded down 4.3% during trading on Wednesday . The company traded as low as GBX 2 ($0.03) and last traded at GBX 2.20 ($0.03). 561,984 shares were traded during mid-day trading, an increase of 79% from the average session volume of 313,561 shares. The stock had previously closed at GBX 2.30 ($0.03).

Great Western Mining Stock Performance

The company has a market capitalization of £171.26 million, a P/E ratio of -2.35 and a beta of 0.19. The business has a fifty day moving average of GBX 0.10 and a 200-day moving average of GBX 0.05.

Great Western Mining Company Profile

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Great Western Mining (AIM:GWMO/Euronext Growth 8-GW) is focused on exploitation of its gold and silver prospects in the U.S. state of Nevada, where an active exploration and development programme is under way. Its gold exploration target currently ranges from 0.50 million to 1.50 million ounces from multiple prospects and a project is being developed to produce commercial quantities of gold from numerous spoil heaps.

Further Reading

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