Georgian Mining (LON:GEO) Stock Price Up 10.6% – Here’s What Happened

Georgian Mining Corp (LON:GEO)’s share price shot up 10.6% on Wednesday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). 55,743,734 shares changed 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 Trading Up 10.6 %

The firm has a fifty day moving average price of GBX 1.45. The company has a market cap of £167,196.25 and a PE ratio of -0.02.

Georgian Mining Company Profile

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.