Great Western Mining Co. PLC (LON:GWMO – Get Free Report)’s stock price was up 10.3% during trading on Thursday . The stock traded as high as GBX 3.30 and last traded at GBX 3.20. Approximately 3,278,206 shares changed hands during trading, a decline of 67% from the average daily volume of 9,845,529 shares. The stock had previously closed at GBX 2.90.
Great Western Mining Price Performance
The company has a market cap of £13.86 million, a price-to-earnings ratio of -347.83 and a beta of 0.19. The firm’s 50 day simple moving average is GBX 3.73 and its 200-day simple moving average is GBX 2.59.
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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