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

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

Galileo Resources Stock Down 18.5 %

The business has a fifty day simple moving average of GBX 0.83 and a two-hundred day simple moving average of GBX 0.96. The company has a market capitalization of £9.71 million, a price-to-earnings ratio of -9.23 and a beta of 1.41.

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

About Galileo Resources

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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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