Great Western Mining (LON:GWMO) Trading Down 4.3% – Time to Sell?

Great Western Mining Co. PLC (LON:GWMOGet Free Report)’s share price dropped 4.3% during mid-day trading on Wednesday . The company traded as low as GBX 2 ($0.03) and last traded at GBX 2.20 ($0.03). Approximately 561,984 shares traded hands during mid-day trading, an increase of 79% from the average daily volume of 313,561 shares. The stock had previously closed at GBX 2.30 ($0.03).

Great Western Mining Price Performance

The firm has a market capitalization of £171.26 million, a PE ratio of -2.35 and a beta of 0.19. The company’s fifty day simple moving average is GBX 0.10 and its 200 day simple moving average is GBX 0.05.

About Great Western Mining

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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.

Further Reading

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