Galileo Resources (LON:GLR) Trading Down 17.1% – What’s Next?

Galileo Resources Plc (LON:GLRGet Free Report) shares fell 17.1% on Tuesday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.85 ($0.01). 13,834,631 shares changed hands during trading, an increase of 586% from the average session volume of 2,017,236 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Trading Down 17.1 %

The company’s 50-day simple moving average is GBX 0.83 and its 200-day simple moving average is GBX 0.96. The stock has a market capitalization of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41.

Galileo Resources (LON:GLRGet Free Report) last posted its quarterly earnings data on Monday, December 30th. The company reported GBX 0.19 ($0.00) earnings per share for the quarter.

Galileo Resources Company Profile

(Get Free Report)

Galileo Resources Plc explores and develops mineral projects in South Africa, Botswana, Zambia, Zimbabwe, the United Kingdom, and the United States. It explores for zinc, iron, manganese, copper, lithium, and gold deposits, as well as rare earths and aggregates. The company was incorporated in 2006 and is based in London, the United Kingdom.

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