After Today’s Huge Increase, Is Georgian Mining Corp’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Georgian Mining Corp's Near Term Analysis Positive?

The stock of Georgian Mining Corp (LON:GEO) is a huge mover today! The stock decreased 0.38% or GBX 0.03 on November 30, hitting GBX 7.85. About 117,391 shares traded hands. Georgian Mining Corp (LON:GEO) has declined 65.00% since May 3, 2016 and is downtrending. It has underperformed by 70.23% the S&P500.
The move comes after 6 months positive chart setup for the GBX 6.23M company. It was reported on Nov, 30 by We have GBX 8.40 PT which if reached, will make LON:GEO worth GBX 436,100 more.

Another recent and important Georgian Mining Corp (LON:GEO) news was published by which published an article titled: “PEG Ratio (5 yr expected):” on March 29, 2014.

Georgian Mining Corporation, formerly Noricum Gold Limited, is a copper-gold exploration and development company. The company has a market cap of 6.23 million GBP. The Firm has 50% ownership and operational control of the Bolnisi Copper and Gold Project in Georgia, situated on the Tethyan Belt, which hosts a range of copper-gold deposits and producing mines. It currently has negative earnings. The Bolnisi license covers an area of over 860 square kilometers and has a 30 year mining license with two exploration projects: Kvemo Bolnisi and Tsitsel Sopeli.

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