General Moly Trades More Than 6% Higher

Shares of General Moly GMO have added around 6.30% to $4.89 on Monday in early trading. The shares had fallen around 6% on Friday. Activity in GMO has been picking up after the company presented at the Goldman Sachs Basic Materials Conference last week. General Moly, Inc. is a development-stage company in the business of the exploration, development and mining of properties primarily containing molybdenum. The Company's primary asset is 80% interest in the Mt. Hope Project (Mt. Hope Project), a primary molybdenum property, located in Eureka County, Nevada.