Great Western Mining Co. PLC (LON:GWMO – Get Free Report) dropped 6.8% during mid-day trading on Monday. The company traded as low as GBX 2.80 and last traded at GBX 2.96. Approximately 8,167,438 shares were traded 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 0.9%
The business has a 50 day moving average of GBX 3.62 and a 200-day moving average of GBX 3.48. The stock has a market cap of £12.06 million, a PE ratio of 18.24 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
- Cleared For Takeoff: Boeing’s 737 MAX 10 Approval Sets Up a Major Cash Flow Recovery
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
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.
