Great Western Mining Co. PLC (LON:GWMO – Get Free Report)’s stock price rose 22% on Monday . The company traded as high as GBX 1.30 and last traded at GBX 1.25. Approximately 3,395,897 shares traded hands during trading, an increase of 19% from the average daily volume of 2,845,966 shares. The stock had previously closed at GBX 1.03.
Great Western Mining Stock Up 3.8%
The stock has a market cap of £2.19 million, a PE ratio of -0.43 and a beta of 0.19. The stock’s fifty day moving average price is GBX 1.22 and its 200 day moving average price is GBX 1.18.
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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