Georgian Mining Corp (LON:GEO – Get Free Report)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1.45 ($0.02) and traded as low as GBX 1.40 ($0.02). Georgian Mining shares last traded at GBX 1.45 ($0.02), with a volume of 439,239 shares traded.
Georgian Mining Trading Down 9.4 %
The firm has a fifty day simple moving average of GBX 1.45 and a 200-day simple moving average of GBX 1.45. The stock has a market cap of £1.94 million and a price-to-earnings ratio of -0.20.
About Georgian Mining
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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