Georgian Mining (LON:GEO) Trading 10.6% Higher – Time to Buy?

Georgian Mining Corp (LON:GEOGet Free Report) shot up 10.6% during trading on Wednesday . The company traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). 55,743,734 shares traded hands during mid-day trading, an increase of 3,330% from the average session 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 market capitalization of £171,208.96 and a PE ratio of -0.02. The firm has a 50 day moving average price of GBX 1.40.

Georgian Mining Company Profile

(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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