Galileo Resources Plc (LON:GLR – Get Free Report) shares were down 17.1% during trading on Tuesday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 9,637,887 shares traded hands during mid-day trading, an increase of 396% from the average daily volume of 1,944,878 shares. The stock had previously closed at GBX 1.03 ($0.01).
Galileo Resources Stock Performance
The stock has a market capitalization of £9.88 million, a P/E ratio of -9.39 and a beta of 1.41. The company’s fifty day simple moving average is GBX 0.83 and its two-hundred day simple moving average is GBX 0.96.
Galileo Resources (LON:GLR – Get Free Report) last released its quarterly earnings results on Monday, December 30th. The company reported GBX 0.19 ($0.00) earnings per share for the quarter.
Galileo Resources Company Profile
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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