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

Galileo Resources Plc (LON:GLRGet Free Report)’s stock price fell 2.9% during mid-day trading on Tuesday . The company traded as low as GBX 0.84 ($0.01) and last traded at GBX 0.85 ($0.01). 492,070 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 1,734,511 shares. The stock had previously closed at GBX 0.88 ($0.01).

Galileo Resources Stock Performance

The stock has a market capitalization of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41. The company has a 50 day moving average of GBX 0.88 and a 200 day moving average of 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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