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Last $0.78 USD
Change Today +0.0269 / 3.59%
Volume 44.2K
GMO On Other Exchanges
As of 8:04 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

general moly inc (GMO) Snapshot

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52 Week High
06/19/14 - $1.27
52 Week Low
12/19/14 - $0.26
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general moly inc (GMO) Details

General Moly, Inc. engages in the exploration, development, and mining of mineral properties. The company explores for molybdenum and copper deposits. It primarily holds 80% interest in the Mt. Hope Project that contains proven and probable molybdenum reserves totaling approximately 1.4 billion pounds located in Eureka County, Nevada. It also holds interest in the Liberty Project located in Nye County, Nevada. The company is headquartered in Lakewood, Colorado.

26 Employees
Last Reported Date: 04/30/15

general moly inc (GMO) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $412.5K
Chief Financial Officer
Total Annual Compensation: $250.2K
Chief Operating Officer
Total Annual Compensation: $237.6K
Treasurer and Controller
Total Annual Compensation: $199.2K
Vice President of Human Resources and Corpora...
Total Annual Compensation: $213.1K
Compensation as of Fiscal Year 2014.

general moly inc (GMO) Key Developments

General Moly, Inc. Announces Retirement of Patrick M. James from Board of Directors

General Moly, Inc. announced that effective May 25, 2015, Patrick M. James retired from the company's Board of Directors. Mr. James has been on an approved leave of absence, for personal reasons, since February 6, 2015. Mr. James has served as Chairman since he joined the Board in 2010. Ricardo M. Campoy, who has served as the company’s Lead Director and interim Chairman during Mr. James’ leave of absence will continue in that role until the Board takes further action.

General Moly, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

General Moly, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported loss from operations of $3,103,000 against $2,359,000 a year ago. Loss before income taxes was $3,784,000 against $2,359,000 a year ago. Net loss attributable to the company was $3,774,000 or $0.04 basic and diluted per share against $2,359,000 or $0.03 basic and diluted per share a year ago. Net cash used in operating activities was $3,958,000 against $1,585,000 a year ago. Purchase and development of mining properties, land and water rights was $1,369,000 against $2,890,000 a year ago. Deposits on property, plant and equipment were $8,898,000 against $192,000 a year ago.

AMER International Group to Work with General Moly to Support a Senior Secured Term Loan of Approximately $700 Million

AMER International Group has agreed to work with General Moly to procure and support a senior secured term loan of approximately $700 million from a major Chinese bank or banks for development of the Mt. Hope Project.


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