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

Galileo Resources Plc (LON:GLRGet Free Report) 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). 9,637,887 shares traded hands during mid-day trading, an increase of 396% from the average session volume of 1,944,878 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Performance

The company has a market cap of £10.11 million, a price-to-earnings ratio of -9.61 and a beta of 1.41. The firm’s 50-day moving average price is GBX 0.83 and its 200 day moving average price is GBX 0.95.

Galileo Resources (LON:GLRGet Free Report) last released its earnings results 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.

Further Reading

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