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

Shares of Great Western Mining Co. PLC (LON:GWMOGet Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.02 ($0.00), with a volume of 18527680 shares traded. The stock had previously closed at GBX 0.02 ($0.00).

Great Western Mining Price Performance

The company has a market capitalization of £1.25 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 0.02 and a two-hundred day moving average price of GBX 0.03.

About Great Western Mining

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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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