Galileo Resources (LON:GLR) Trading Down 7.6% – Here’s What Happened

Shares of Galileo Resources Plc (LON:GLRGet Free Report) traded down 7.6% during trading on Monday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). 1,007,726 shares traded hands during trading, a decline of 44% from the average session volume of 1,811,043 shares. The stock had previously closed at GBX 0.87 ($0.01).

Galileo Resources Price Performance

The company has a market capitalization of £9.75 million, a price-to-earnings ratio of -9.27 and a beta of 1.41. The stock has a 50 day simple moving average of GBX 0.83 and a two-hundred day simple moving average of GBX 0.94.

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.

See Also

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.