Galileo Resources Plc (LON:GLR – Get Free Report)’s share price dropped 17.1% during trading on Wednesday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 13,884,631 shares traded hands during mid-day trading, an increase of 588% from the average daily volume of 2,018,098 shares. The stock had previously closed at GBX 1.03 ($0.01).
Galileo Resources Stock Down 17.1 %
The company has a market capitalization of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41. The stock has a 50 day moving average of GBX 0.83 and a 200 day moving average of GBX 0.95.
Galileo Resources (LON:GLR – Get Free Report) last posted its quarterly earnings data on Monday, December 30th. The company reported GBX 0.19 ($0.00) EPS 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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