Georgian Mining (LON:GEO) Trading 3.5% Higher – What’s Next?

Georgian Mining Corp (LON:GEO)’s stock price rose 3.5% on Tuesday . The stock traded as high as GBX 0.28 and last traded at GBX 0.27. Approximately 24,445,420 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 73,863,961 shares. The stock had previously closed at GBX 0.26.

Georgian Mining Trading Up 8.9%

The company has a market cap of £13.73 million and a price-to-earnings ratio of -9.33. The stock’s 50-day moving average is GBX 0.32 and its 200-day moving average is GBX 0.23.

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.