Great Western Mining (LON:GWMO) Shares Up 9.1% – Here’s Why

Shares of Great Western Mining Co. PLC (LON:GWMO) rose 9.1% during mid-day trading on Tuesday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 130,987,539 shares were traded during mid-day trading, an increase of 133% from the average daily volume of 56,130,109 shares. The stock had previously closed at GBX 0.01 ($0.00).

Great Western Mining Trading Up 9.1 %

The business has a 50 day moving average of GBX 0.02 and a 200-day moving average of GBX 0.03. The stock has a market cap of £1.00 million, a PE ratio of -2.35 and a beta of 0.19.

About Great Western Mining

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.