Georgian Mining (LON:GEO) Stock Price Up 10.6% – What’s Next?

Georgian Mining Corp (LON:GEOGet Free Report)’s stock price rose 10.6% during mid-day trading on Wednesday . The stock 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 mid-day 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 Price Performance

The firm has a 50 day simple moving average of GBX 1.40. The company has a market capitalization of £171,208.96 and a price-to-earnings ratio of -0.02.

About Georgian Mining

(Get Free Report)

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.

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