General Moly Shares Climb 8.8% (GMO)

Shares of General Moly, Inc. (AMEX:

) are trading up 8.8% at $6.48 per share during the Tuesday afternoon trading session. The day's trading range for shares of General Moly, Inc has been between $6.05 and $6.48 per share. Analysts covering General Moly, Inc. (

GMO

) stock give it a consensus price target of $6.19 per share. Trading volume for General Moly, Inc has been abover average, with 2.1 million shares having been traded today, already well above the daily average volume of 1.4 million shares. General Moly, Inc is a U.S.-based molybdenum mineral development, exploration and mining company, whose primary asset, its interest in the Mt. Hope project located in central Nevada, is considered one of the world's largest and highest grade molybdenum deposits. Read more

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