Great Western Mining (LON:GWMO) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of Great Western Mining Co. PLC (LON:GWMOGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.02 ($0.00) and traded as low as GBX 0.01 ($0.00). Great Western Mining shares last traded at GBX 0.01 ($0.00), with a volume of 74,627,797 shares.

Great Western Mining Stock Down 9.1 %

The company’s fifty day moving average price is GBX 0.01 and its two-hundred day moving average price is GBX 0.02. The company has a market cap of £835,000.00, a price-to-earnings ratio of -2.35 and a beta of 0.19.

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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