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Great Western Mining (LON:GWMO) Reaches New 52-Week Low - What's Next?

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 on Wednesday . The stock traded as low as GBX 0.95 ($0.01) and last traded at GBX 1.01 ($0.01), with a volume of 8730496 shares. The stock had previously closed at GBX 0.98 ($0.01).

Great Western Mining Trading Up 3.6%

The firm's fifty day moving average price is GBX 1.61 and its 200-day moving average price is GBX 0.69. The firm has a market cap of £84.34 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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