Galileo Resources (LON:GLR) Stock Price Down 16.9% – Time to Sell?

Galileo Resources Plc (LON:GLRGet Free Report)’s stock price fell 16.9% during trading on Tuesday . The company traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 3,733,309 shares were traded during trading, an increase of 103% from the average session volume of 1,843,075 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Performance

The firm’s 50-day simple moving average is GBX 0.83 and its two-hundred day simple moving average is GBX 0.96. The stock has a market cap of £9.90 million, a price-to-earnings ratio of -9.42 and a beta of 1.41.

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

About Galileo Resources

(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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