Galileo Resources (LON:GLR) Stock Price Down 2.9% – Here’s Why

Galileo Resources Plc (LON:GLRGet Free Report)’s share price dropped 2.9% during mid-day 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 changed 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 has a market cap of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41. The firm’s 50 day moving average price is GBX 0.88 and its two-hundred day moving average price is GBX 0.87.

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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