Shares of Great Western Mining Co. PLC (LON:GWMO – Get Free Report) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 3.45 and traded as low as GBX 3.10. Great Western Mining shares last traded at GBX 3.17, with a volume of 1,438,523 shares trading hands.
Great Western Mining Stock Down 2.3%
The firm has a market capitalization of £13.92 million, a price-to-earnings ratio of 21.05 and a beta of 0.19. The company’s 50 day moving average is GBX 3.64 and its 200 day moving average is GBX 3.45.
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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