Georgian Mining (LON:GEO) Trading Down 9.4%

Georgian Mining Corp (LON:GEOGet Free Report)’s stock price dropped 9.4% during trading on Thursday . The stock traded as low as GBX 1.40 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 439,239 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 1,625,078 shares. The stock had previously closed at GBX 1.60 ($0.02).

Georgian Mining Stock Performance

The firm’s 50-day moving average price is GBX 1.45 and its two-hundred day moving average price is GBX 1.45. The stock has a market cap of £1.94 million and a PE ratio of -0.20.

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.

Further Reading

Receive News & Ratings for Georgian Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Georgian Mining and related companies with MarketBeat.com's FREE daily email newsletter.