Great Western Mining Co. PLC (LON:GWMO – Get Free Report)’s share price traded up 15% during mid-day trading on Tuesday . The company traded as high as GBX 4.20 and last traded at GBX 3.91. 15,117,520 shares were traded during trading, an increase of 66% from the average session volume of 9,105,547 shares. The stock had previously closed at GBX 3.40.
Great Western Mining Stock Up 15.0%
The firm has a market capitalization of £17.04 million, a P/E ratio of -425.00 and a beta of 0.19. The company’s 50 day moving average is GBX 3.26 and its 200-day moving average is GBX 2.83.
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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