Great Western Mining Co. PLC (LON:GWMO – Get Free Report) traded down 13.7% during trading on Wednesday . The stock traded as low as GBX 3.45 and last traded at GBX 3.45. 22,647,475 shares changed hands during mid-day trading, an increase of 165% from the average session volume of 8,546,408 shares. The stock had previously closed at GBX 4.
Great Western Mining Stock Down 13.7%
The company’s fifty day moving average is GBX 3.52 and its two-hundred day moving average is GBX 3.23. The firm has a market capitalization of £15.12 million, a price-to-earnings ratio of -375.00 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.
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