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

Galileo Resources Plc (LON:GLRGet Free Report)’s stock price 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). 13,834,631 shares changed hands during mid-day trading, an increase of 586% from the average session volume of 2,017,236 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Price Performance

The stock has a fifty day moving average of GBX 0.83 and a 200 day moving average of GBX 0.95. The stock has a market cap of £10.46 million, a price-to-earnings ratio of -9.95 and a beta of 1.41.

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