Galileo Resources (LON:GLR) Trading Down 10.5%

Galileo Resources Plc (LON:GLR)’s share price was down 10.5% during mid-day trading on Monday . The company traded as low as GBX 0.91 ($0.01) and last traded at GBX 0.92 ($0.01). Approximately 2,059,231 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 1,941,170 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Performance

The stock’s 50-day moving average price is GBX 1.10 and its 200-day moving average price is GBX 1.08. The company has a market cap of £11.60 million, a P/E ratio of -13.00 and a beta of 1.41. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.01 and a quick ratio of 12.53.

About Galileo Resources

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.