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

Shares of Galileo Resources Plc (LON:GLRGet Free Report) fell 17.1% during mid-day trading on Tuesday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.85 ($0.01). 13,884,631 shares were traded during 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 Price Performance

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

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