Shares of Galileo Resources Plc (LON:GLR – Get Free Report) 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 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 Stock Down 2.9%
The firm has a market capitalization of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41. The business’s fifty day moving average is GBX 0.88 and its 200 day moving average is GBX 0.87.
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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