Shares of Great Western Mining Co. PLC (LON:GWMO – Get Free Report) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 3.59 and traded as high as GBX 3.82. Great Western Mining shares last traded at GBX 3.80, with a volume of 1,621,586 shares trading hands.
Great Western Mining Stock Performance
The company has a market cap of £15.40 million, a price-to-earnings ratio of -381.85 and a beta of 0.19. The company’s fifty day moving average is GBX 3.60 and its two-hundred day moving average is GBX 3.32.
About Great Western Mining
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. In addition to precious metals, the Company has established a JORC-compliant Inferred Resource of 4.3 million tonnes of 0.45% copper which underpins the longer-term potential provided by its portfolio of assets.
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