Great Western Mining (LON:GWMO) Sets New 1-Year Low – Here’s Why

Great Western Mining Co. PLC (LON:GWMOGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00), with a volume of 198361313 shares. The stock had previously closed at GBX 0.02 ($0.00).

Great Western Mining Trading Down 11.8 %

The business’s 50-day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.03. The firm has a market cap of £1.25 million, a P/E ratio of -2.35 and a beta of 0.19.

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.

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