Great Western Mining (LON:GWMO) Stock Price Down 10% – Here’s What Happened

Great Western Mining Co. PLC (LON:GWMO) dropped 10% during trading on Monday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 122,834,383 shares changed hands during mid-day trading, an increase of 111% from the average daily volume of 58,289,852 shares. The stock had previously closed at GBX 0.01 ($0.00).

Great Western Mining Trading Down 10.0 %

The firm has a fifty day moving average of GBX 0.02 and a 200 day moving average of GBX 0.02. The company has a market capitalization of £751,500.00, a P/E ratio of -2.35 and a beta of 0.19.

Great Western Mining Company Profile

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.