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Great Western Mining (LON:GWMO) Sets New 52-Week Low - Time to Sell?

Great Western Mining logo with Basic Materials background

Great Western Mining Co. PLC (LON:GWMO - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as GBX 0.86 ($0.01) and last traded at GBX 0.94 ($0.01), with a volume of 3174414 shares changing hands. The stock had previously closed at GBX 0.98 ($0.01).

Great Western Mining Stock Down 1.1%

The company has a market capitalization of £76.40 million, a price-to-earnings ratio of -2.35 and a beta of 0.19. The firm has a 50 day moving average price of GBX 1.48 and a two-hundred day moving average price of GBX 0.76.

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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