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Great Western Mining (LON:GWMO) Hits New 12-Month Low - Here's What Happened

Great Western Mining logo with Basic Materials background

Great Western Mining Co. PLC (LON:GWMO - Get Free Report)'s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.95 ($0.01) and last traded at GBX 1 ($0.01), with a volume of 26069830 shares. The stock had previously closed at GBX 0.98 ($0.01).

Great Western Mining Stock Performance

The business's fifty day moving average price is GBX 1.53 and its two-hundred day moving average price is GBX 0.73. The stock has a market capitalization of £83.50 million, a P/E ratio of -2.35 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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