Galileo Resources (LON:GLR) Stock Price Down 17.1% – Here’s What Happened

Galileo Resources Plc (LON:GLRGet Free Report)’s stock price fell 17.1% during trading on Tuesday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.85 ($0.01). 13,884,631 shares changed hands during mid-day trading, an increase of 588% from the average session volume of 2,018,098 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Trading Down 17.1 %

The firm has a market capitalization of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41. The stock’s fifty day moving average price is GBX 0.83 and its two-hundred day moving average price is GBX 0.96.

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

About Galileo Resources

(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.

Read More

Receive News & Ratings for Galileo Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galileo Resources and related companies with MarketBeat.com's FREE daily email newsletter.