Galileo Resources (LON:GLR) Trading Down 18.5% – Should You Sell?

Galileo Resources Plc (LON:GLRGet Free Report)’s share price fell 18.5% on Tuesday . The stock traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.84 ($0.01). 3,833,309 shares traded hands during trading, an increase of 108% from the average session volume of 1,844,799 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Up 0.1 %

The stock’s fifty day moving average is GBX 0.83 and its 200-day moving average is GBX 0.95. The stock has a market cap of £9.89 million, a price-to-earnings ratio of -9.40 and a beta of 1.41.

Galileo Resources (LON:GLRGet Free Report) last issued its quarterly earnings data on Monday, December 30th. The company reported GBX 0.19 ($0.00) EPS for the quarter.

About Galileo Resources

(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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