Georgina Energy (LON:GEX) Shares Up 20.2% – Still a Buy?

Georgina Energy (LON:GEX) shares were up 20.2% during mid-day trading on Tuesday . The stock traded as high as GBX 3.15 and last traded at GBX 3.08. Approximately 1,148,558 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 670,676 shares. The stock had previously closed at GBX 2.56.

Georgina Energy Stock Performance

The business has a 50 day moving average of GBX 3.83. The stock has a market cap of £3.96 million and a P/E ratio of -0.08.

Georgina Energy (LON:GEX) last released its quarterly earnings data on Monday, October 27th. The company reported GBX (1.08) earnings per share (EPS) for the quarter.

Georgina Energy Company Profile

Georgina Energy is a Helium & Hydrogen development and production company, based in Australia.

Georgina Energy aims to become a leading player in the global energy market and is focused on establishing itself among the top producers of helium and hydrogen worldwide. With a strategic approach and leveraging the experienced management team’s expertise, Georgina Energy aims to capitalize on opportunities in these critical energy sectors.

The projects benefit from established infrastructure and a reliable supply chain, offering significant resource potential through low-risk, cost-effective drilling projects.

Georgina Energy has two principal onshore interests held through its wholly owned Australian subsidiary, Westmarket O&G.