Georgian Mining (LON:GEO) Stock Price Down 5.5% – Time to Sell?

Georgian Mining Corp (LON:GEO)’s stock price traded down 5.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.31 ($0.00) and last traded at GBX 0.31 ($0.00). 19,286,330 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 76,459,008 shares. The stock had previously closed at GBX 0.33 ($0.00).

Georgian Mining Stock Performance

The stock has a 50-day moving average of GBX 0.33 and a 200 day moving average of GBX 0.23. The firm has a market capitalization of £14.51 million and a P/E ratio of -344.19.

Georgian Mining Company Profile

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.