Georgian Mining (LON:GEO) Stock Crosses Below 50-Day Moving Average of $1.45

Georgian Mining Corp (LON:GEO) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 trading hands.

Georgian Mining Price Performance

The company has a market capitalization of £1.94 million and a price-to-earnings ratio of -0.20. The business has a fifty day moving average price of GBX 1.45 and a 200 day moving average price of GBX 1.45.

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.