Great Western Mining Co. PLC (LON:GWMO – Get Free Report) was down 10.7% on Monday . The company traded as low as GBX 1.15 and last traded at GBX 1.25. Approximately 5,149,093 shares changed hands during trading, an increase of 56% from the average daily volume of 3,307,223 shares. The stock had previously closed at GBX 1.40.
Great Western Mining Stock Performance
The company has a market cap of £2.34 million, a price-to-earnings ratio of -0.46 and a beta of 0.19. The company has a fifty day moving average of GBX 1.17 and a two-hundred day moving average of GBX 1.19.
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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