Great Western Mining (LON:GWMO) Stock Crosses Below 200 Day Moving Average – Here’s Why

Great Western Mining Co. PLC (LON:GWMOGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.03 ($0.00) and traded as low as GBX 0.02 ($0.00). Great Western Mining shares last traded at GBX 0.02 ($0.00), with a volume of 86,115,852 shares.

Great Western Mining Price Performance

The business has a 50 day moving average of GBX 0.02 and a 200 day moving average of GBX 0.03. The firm has a market capitalization of £1.59 million, a price-to-earnings ratio of -2.35 and a beta of 0.19.

Great Western Mining Company Profile

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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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