Shares of Galileo Resources Plc (LON:GLR – Get Free Report) dropped 2.9% during trading on Tuesday . The stock traded as low as GBX 0.84 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 492,070 shares traded hands during trading, a decline of 72% from the average daily volume of 1,734,511 shares. The stock had previously closed at GBX 0.88 ($0.01).
Galileo Resources Price Performance
The firm’s 50-day moving average price is GBX 0.88 and its 200 day moving average price is GBX 0.87. The firm has a market cap of £9.88 million, a P/E ratio of -9.39 and a beta of 1.41.
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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