Great Western Mining Co. PLC (LON:GWMO – Get Free Report)’s share price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 2.98 and traded as high as GBX 3.10. Great Western Mining shares last traded at GBX 3, with a volume of 4,144,074 shares changing hands.
Great Western Mining Stock Performance
The business’s 50 day moving average is GBX 3.42 and its 200 day moving average is GBX 2.98. The company has a market capitalization of £13.43 million, a price-to-earnings ratio of 19.89 and a beta of 0.19.
Great Western Mining Company Profile
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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