Galileo Resources Plc (LON:GLR – Get Free Report) shares dropped 2.9% on Tuesday . The company 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 stock’s 50 day simple moving average is GBX 0.88 and its two-hundred day simple moving average is GBX 0.87. The stock has a market cap of £9.88 million, a price-to-earnings 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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