Galileo Resources Plc (LON:GLR – Get Free Report) shares dropped 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). Approximately 13,884,631 shares traded hands during 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 Trading Down 17.1 %
The firm has a fifty day simple moving average of GBX 0.83 and a 200 day simple moving average of GBX 0.96. The stock has a market cap of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41.
Galileo Resources (LON:GLR – Get Free Report) last issued its earnings results 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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