Great Western Mining Co. PLC (LON:GWMO – Get Free Report)’s share price traded down 8.7% during mid-day trading on Monday . The company traded as low as GBX 4 and last traded at GBX 4.20. 9,155,738 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 12,055,430 shares. The stock had previously closed at GBX 4.60.
Great Western Mining Stock Performance
The stock has a 50 day moving average of GBX 3.14 and a 200-day moving average of GBX 2. The firm has a market capitalization of £16.46 million, a P/E ratio of -1.39 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. 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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