Great Western Mining Co. PLC (LON:GWMO – Get Free Report)’s stock price fell 6.6% during mid-day trading on Friday . The company traded as low as GBX 3.40 and last traded at GBX 3.55. Approximately 12,037,034 shares were traded during trading, an increase of 37% from the average session volume of 8,780,112 shares. The stock had previously closed at GBX 3.80.
Great Western Mining Trading Down 6.6%
The company’s 50-day moving average is GBX 3.39 and its 200-day moving average is GBX 3.04. The firm has a market cap of £15.48 million, a price-to-earnings ratio of -385.87 and a beta of 0.19.
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.
Recommended Stories
- Five stocks we like better than Great Western Mining
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Great Western Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Western Mining and related companies with MarketBeat.com's FREE daily email newsletter.
-limited-logo-1200x675.png){kind=logo}