Georgina Energy (LON:GEX) Trading Down 8.3% – Here’s What Happened

Georgina Energy (LON:GEX) was down 8.3% during mid-day trading on Tuesday . The company traded as low as GBX 2.71 and last traded at GBX 2.71. Approximately 118,623 shares changed hands during trading, a decline of 93% from the average daily volume of 1,587,588 shares. The stock had previously closed at GBX 2.95.

Georgina Energy Price Performance

The stock has a fifty day simple moving average of GBX 4.15. The stock has a market cap of £3.45 million and a P/E ratio of -0.07.

Georgina Energy (LON:GEX) last announced its quarterly earnings results on Monday, October 27th. The company reported GBX (1.08) earnings per share (EPS) for the quarter.

Georgina Energy Company Profile

Georgina Energy is a Helium & Hydrogen development and production company, based in Australia.

Georgina Energy aims to become a leading player in the global energy market and is focused on establishing itself among the top producers of helium and hydrogen worldwide. With a strategic approach and leveraging the experienced management team’s expertise, Georgina Energy aims to capitalize on opportunities in these critical energy sectors.

The projects benefit from established infrastructure and a reliable supply chain, offering significant resource potential through low-risk, cost-effective drilling projects.

Georgina Energy has two principal onshore interests held through its wholly owned Australian subsidiary, Westmarket O&G.