Great Western Mining Co. PLC (LON:GWMO – Get Free Report)’s share price was down 6.8% during trading on Monday. The company traded as low as GBX 2.80 and last traded at GBX 2.96. Approximately 8,167,438 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 8,096,207 shares. The stock had previously closed at GBX 3.17.
Great Western Mining Trading Down 6.8%
The stock has a market cap of £12.98 million, a P/E ratio of 19.63 and a beta of 0.19. The company has a 50-day moving average price of GBX 3.64 and a two-hundred day moving average price of GBX 3.46.
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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