Great Western Mining (LON:GWMO) Stock Price Up 10% – Still a Buy?

Great Western Mining Co. PLC (LON:GWMOGet Free Report) shot up 10% during trading on Friday . The stock traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 178,188,344 shares were traded during mid-day trading, an increase of 192% from the average session volume of 61,122,215 shares. The stock had previously closed at GBX 0.01 ($0.00).

Great Western Mining Stock Up 10.0 %

The stock’s 50-day simple moving average is GBX 0.01 and its two-hundred day simple moving average is GBX 0.02. The company has a market capitalization of £918,500.00, 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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