Georgian Mining (LON:GEO) Shares Down 9.3% – Here’s What Happened

Georgian Mining Corp (LON:GEOGet Free Report) was down 9.3% during mid-day trading on Tuesday . The company traded as low as GBX 0.34 ($0.00) and last traded at GBX 0.34 ($0.00). Approximately 16,341,515 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 76,834,008 shares. The stock had previously closed at GBX 0.38 ($0.01).

Georgian Mining Trading Down 0.6%

The stock has a market cap of £14.69 million and a PE ratio of -369.77. The business has a 50 day moving average of GBX 0.30 and a 200-day moving average of GBX 0.28.

Georgian Mining Company Profile

(Get Free Report)

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.

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