Great Western Mining (LON:GWMO) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Great Western Mining Co. PLC (LON:GWMOGet Free Report)’s stock price passed 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 5,096,261 shares.

Great Western Mining Stock Performance

The business has a fifty day simple moving average of GBX 0.02 and a 200 day simple moving average of GBX 0.03. The company has a market cap of £1.34 million, a P/E ratio of -2.35 and a beta of 0.19.

Great Western Mining Company Profile

(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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