Georgina Energy (LON:GEX) Trading 13.4% Higher – Should You Buy?

Georgina Energy (LON:GEX) was up 13.4% during mid-day trading on Friday . The company traded as high as GBX 7.50 and last traded at GBX 7.09. Approximately 1,221,907 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 3,412,872 shares. The stock had previously closed at GBX 6.25.

Georgina Energy Price Performance

The business has a 50-day moving average of GBX 4.23. The stock has a market cap of £8.29 million and a PE ratio of -0.17.

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.