Shares of Galileo Resources Plc (LON:GLR – Get Free Report) dropped 17.1% during mid-day trading on Wednesday . 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 Stock Up 3.6 %
The stock has a 50-day simple moving average of GBX 0.83 and a 200 day simple moving average of GBX 0.95. The company has a market cap of £10.11 million, a PE ratio of -9.61 and a beta of 1.41.
Galileo Resources (LON:GLR – Get Free Report) last issued its quarterly earnings data on Monday, December 30th. The company reported GBX 0.19 ($0.00) earnings per share (EPS) for the quarter.
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.
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