Galileo Resources (LON:GLR) Stock Price Down 19.9% – What’s Next?

Galileo Resources Plc (LON:GLRGet Free Report) shares traded down 19.9% during mid-day trading on Tuesday . The stock traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.82 ($0.01). 3,213,565 shares changed hands during mid-day trading, an increase of 75% from the average session volume of 1,834,114 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Performance

The company has a market cap of £9.89 million, a price-to-earnings ratio of -9.40 and a beta of 1.41. The company’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 posted its quarterly earnings results on Monday, December 30th. The company reported GBX 0.19 ($0.00) earnings per share (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.

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