Shares of General Moly Inc saw unusually high trading volume. Approximately 1,313,485 shares changed hands during mid day trading, an increase of 22.61% from the previous session. The stock last traded at USD 5.38.

On a related note, analysts at Zacks Investment Research reiterated a neutral rating on shares of General Moly Inc in a research note to investors on March 2nd 2011.

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, a primary molybdenum property, located in Eureka County, Nevada. As of December 31st 2009, the Mt Hope Project had contained proven and probable molybdenum reserves totaling 1.3 billion pounds of which 1.1 billion pounds are estimated to be recoverable. In addition, it owns other non core properties and mineral rights.

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