Galileo Resources (LON:GLR) Stock Price Down 7.6% – Should You Sell?

Galileo Resources Plc (LON:GLRGet Free Report) shares fell 7.6% during mid-day trading on Monday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). 1,007,726 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 1,811,043 shares. The stock had previously closed at GBX 0.87 ($0.01).

Galileo Resources Trading Down 7.6 %

The firm has a market cap of £9.35 million, a price-to-earnings ratio of -8.89 and a beta of 1.41. The firm’s 50-day moving average is GBX 0.83 and its 200-day moving average is GBX 0.94.

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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