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Great Western Mining (LON:GWMO) Hits New 52-Week Low - Here's Why

Great Western Mining logo with Basic Materials background

Shares of Great Western Mining Co. PLC (LON:GWMO - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.60 ($0.02), with a volume of 246189 shares trading hands. The stock had previously closed at GBX 1.50 ($0.02).

Great Western Mining Price Performance

The stock's fifty day moving average price is GBX 1.66 and its 200-day moving average price is GBX 0.59. The firm has a market cap of £125.25 million, a price-to-earnings ratio of -2.35 and a beta of 0.19.

About Great Western Mining

(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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