Great Western Mining (LON:GWMO) Trading 14.6% Higher – What’s Next?

Great Western Mining Co. PLC (LON:GWMOGet Free Report)’s stock price rose 14.6% during trading on Monday . The stock traded as high as GBX 1.50 ($0.02) and last traded at GBX 1.49 ($0.02). Approximately 4,969,590 shares were traded during trading, an increase of 154% from the average daily volume of 1,959,275 shares. The stock had previously closed at GBX 1.30 ($0.02).

Great Western Mining Stock Up 18.5%

The company’s 50 day moving average price is GBX 1.20 and its 200 day moving average price is GBX 1.33. The firm has a market capitalization of £2.73 million, a price-to-earnings ratio of -38.50 and a beta of 0.19.

Great Western Mining Company Profile

(Get Free Report)

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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