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Great Western Mining ( (GB:GWMO) ) has provided an update.
Great Western Mining has reported progress at its 100%-owned Pine Crow-Defender tungsten prospect in Mineral County, Nevada, where it has completed a machine-cut channel sampling programme over existing trenches following earlier anomalous soil sampling results. The company says initial observations from the trenching work are highly encouraging, with samples now at the laboratory for assay; results expected in January could shape an early drilling campaign and would further strengthen Great Western’s positioning in meeting growing US demand for secure domestic supplies of critical strategic minerals, complementing ongoing copper and gold exploration across its wider portfolio.
The most recent analyst rating on (GB:GWMO) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Great Western Mining stock, see the GB:GWMO Stock Forecast page.
Spark’s Take on GB:GWMO Stock
According to Spark, TipRanks’ AI Analyst, GB:GWMO is a Neutral.
The score is held down primarily by very weak financial performance (no revenue, ongoing losses, and persistent cash burn), with only limited balance-sheet leverage risk as a partial offset. Technicals contribute positively due to price strength versus key moving averages and moderately constructive momentum indicators, while valuation remains unfavorable/unclear given the negative P/E and lack of dividend yield data.
To see Spark’s full report on GB:GWMO stock, click here.
More about Great Western Mining
Great Western Mining Corporation is a diversified exploration and development company focused on strategic minerals across several 100%-owned claim groups in Mineral County, Nevada, a major and mining-friendly jurisdiction. Its portfolio includes the flagship Huntoon Copper Project, which hosts a JORC-compliant copper resource, alongside a pipeline of gold, silver and early-stage tungsten assets aligned with US critical minerals priorities, with the company pursuing a multi-commodity strategy targeting both near-term development and longer-term exploration.
Average Trading Volume: 5,811,972
Technical Sentiment Signal: Sell
Current Market Cap: £2.43M
See more data about GWMO stock on TipRanks’ Stock Analysis page.