Galileo Resources (LON:GLR) Stock Price Down 12.8% – What’s Next?

Galileo Resources Plc (LON:GLRGet Free Report) shares fell 12.8% on Tuesday . The stock traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.89 ($0.01). 3,964,876 shares traded hands during trading, an increase of 115% from the average session volume of 1,847,068 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Performance

The company’s 50-day simple moving average is GBX 0.83 and its two-hundred day simple moving average is GBX 0.96. The firm has a market cap of £9.88 million, a PE ratio of -9.39 and a beta of 1.41.

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