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Great Western Mining (LON:GWMO) Shares Down 4.3% - Should You Sell?

Great Western Mining logo with Basic Materials background

Great Western Mining Co. PLC (LON:GWMO - Get Free Report) shares were down 4.3% during trading on Wednesday . The company traded as low as GBX 2 ($0.03) and last traded at GBX 2.20 ($0.03). Approximately 561,984 shares were traded during trading, an increase of 79% from the average daily volume of 313,561 shares. The stock had previously closed at GBX 2.30 ($0.03).

Great Western Mining Stock Performance

The firm has a market capitalization of £150.30 million, a price-to-earnings ratio of -2.35 and a beta of 0.19. The firm's 50-day moving average price is GBX 0.22 and its two-hundred day moving average price is GBX 0.09.

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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