Galileo Resources (LON:GLR) Stock Price Down 18.5% – Should You Sell?

Shares of Galileo Resources Plc (LON:GLRGet Free Report) were down 18.5% on Tuesday . The stock traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.84 ($0.01). Approximately 3,833,309 shares changed hands during trading, an increase of 108% from the average daily volume of 1,844,799 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Up 0.1 %

The stock has a fifty day moving average price of GBX 0.83 and a two-hundred day moving average price of GBX 0.95. The company has a market cap of £9.89 million, a price-to-earnings ratio of -9.40 and a beta of 1.41.

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