Georgian Mining (LON:GEO) Stock Price Up 10.6% – Still a Buy?

Georgian Mining Corp (LON:GEO)’s stock price was up 10.6% during mid-day trading on Wednesday . The company traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 55,743,734 shares traded hands during trading, an increase of 3,330% from the average daily volume of 1,625,078 shares. The stock had previously closed at GBX 0.11 ($0.00).

Georgian Mining Trading Up 10.6 %

The firm has a fifty day simple moving average of GBX 1.45. The company has a market capitalization of £167,196.25 and a PE ratio of -0.02.

Georgian Mining Company Profile

Georgian Mining Corporation engages in the exploration and development of copper and gold properties in Georgia and Austria. The company's principal property is the Kvemo Bolnisi copper-gold project located in Georgia. It also holds interests in the Tsitsel Sopeli project; the Dambludka base and precious metal project; the Khrami project; and the David Garedji copper-gold project located in Georgia, as well as the Walchen Copper Gold VMS project situated in Austria.