Great Western Mining (LON:GWMO) Stock Price Up 2.7% – Here’s Why

Great Western Mining Co. PLC (LON:GWMOGet Free Report)’s stock price rose 2.7% during mid-day trading on Thursday . The company traded as high as GBX 1.45 and last traded at GBX 1.31. Approximately 7,230,926 shares traded hands during trading, an increase of 160% from the average daily volume of 2,784,555 shares. The stock had previously closed at GBX 1.28.

Great Western Mining Price Performance

The firm has a market cap of £2.77 million, a price-to-earnings ratio of -0.54 and a beta of 0.19. The stock has a 50-day moving average of GBX 1.44 and a 200-day moving average of GBX 1.31.

About Great Western Mining

(Get Free Report)

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.

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