Great Western Mining Co. PLC (LON:GWMO – Get Free Report) shares shot up 10.3% on Thursday . The stock traded as high as GBX 3.30 and last traded at GBX 3.20. 3,278,206 shares traded hands during trading, a decline of 67% from the average session volume of 9,845,529 shares. The stock had previously closed at GBX 2.90.
Great Western Mining Price Performance
The business’s fifty day moving average is GBX 3.66 and its 200-day moving average is GBX 2.60. The firm has a market cap of £13.23 million, a PE ratio of -332.07 and a beta of 0.19.
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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