Georgina Energy (LON:GEX) Trading Up 7.8% – Time to Buy?

Georgina Energy (LON:GEX) rose 7.8% during trading on Monday . The stock traded as high as GBX 3.30 and last traded at GBX 2.91. Approximately 5,611,019 shares changed hands during trading, an increase of 537% from the average daily volume of 881,334 shares. The stock had previously closed at GBX 2.70.

Georgina Energy Stock Performance

The stock has a market capitalization of £8.61 million and a PE ratio of -0.17. The company’s 50-day moving average is GBX 3.32.

Georgina Energy (LON:GEX) last announced its quarterly earnings results on Monday, October 27th. The company reported GBX (1.08) EPS for the quarter.

Georgina Energy Company Profile

Georgina Energy is a Helium & Hydrogen development and production company, based in Australia.

Georgina Energy aims to become a leading player in the global energy market and is focused on establishing itself among the top producers of helium and hydrogen worldwide. With a strategic approach and leveraging the experienced management team’s expertise, Georgina Energy aims to capitalize on opportunities in these critical energy sectors.

The projects benefit from established infrastructure and a reliable supply chain, offering significant resource potential through low-risk, cost-effective drilling projects.

Georgina Energy has two principal onshore interests held through its wholly owned Australian subsidiary, Westmarket O&G.