Georgian Mining (GEO) Sets New 1-Year Low at $6.00

Georgian Mining Corp (LON:GEO) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 6 ($0.08) and last traded at GBX 6.25 ($0.08), with a volume of 19638 shares. The stock had previously closed at GBX 6.25 ($0.08).

In related news, insider Gregory Kuenzel ACA bought 250,000 shares of the company’s stock in a transaction on Friday, November 16th. The shares were acquired at an average price of GBX 7 ($0.09) per share, with a total value of £17,500 ($22,866.85).

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About Georgian Mining (LON:GEO)

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 David Garedji copper-gold project located in Georgia, as well as the Walchen Copper Gold VMS project situated in Austria.

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