Galileo Resources (LON:GLR) Stock Price Down 7.6% – Should You Sell?

Galileo Resources Plc (LON:GLRGet Free Report)’s stock price dropped 7.6% during mid-day trading on Monday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). Approximately 1,007,726 shares were traded during trading, a decline of 44% from the average daily volume of 1,811,043 shares. The stock had previously closed at GBX 0.87 ($0.01).

Galileo Resources Trading Up 1.7 %

The stock has a market cap of £9.75 million, a P/E ratio of -9.27 and a beta of 1.41. The business has a 50-day simple moving average of GBX 0.83 and a 200 day simple moving average of GBX 0.94.

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.

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