Georgian Mining Corp (LON:GEO – Get Free Report)’s stock price fell 10.3% during trading on Tuesday. The company traded as low as GBX 0.05 and last traded at GBX 0.05. 15,965,134 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 42,385,582 shares. The stock had previously closed at GBX 0.06.
Georgian Mining Stock Up 6.1%
The company has a 50 day simple moving average of GBX 0.07 and a 200-day simple moving average of GBX 0.10. The stock has a market cap of £4.05 million and a price-to-earnings ratio of -1.03.
Georgian Mining Company Profile
Geo Exploration Limited (‘GEO’ or ‘the Company’) is an early stage mineral resource and hydrocarbon exploration company. The Company’s primary focus is highly prospective projects in Australia, with significant interest in Africa and the Mediterranean.
Geo is advancing its Juno Project in Western Australia, focusing on significant mineral resource opportunities. The Juno Project, a joint venture with Callum Baxter (80% held by Global and 20% by Mr Baxter), is located approximately 100km south of the town of Paraburdoo.
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