Georgian Mining Corp (LON:GEO – Get Free Report) shares were down 10.3% on Tuesday. The company traded as low as GBX 0.05 and last traded at GBX 0.05. Approximately 15,965,134 shares were traded during 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 Down 10.3%
The company’s fifty day moving average price is GBX 0.08 and its 200 day moving average price is GBX 0.10. The company has a market capitalization of £4.05 million and a P/E ratio of -1.03.
About Georgian Mining
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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