Galileo Resources Plc (LON:GLR – Get Free Report) dropped 17.1% during mid-day trading on Tuesday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 13,884,631 shares changed hands during mid-day trading, an increase of 588% from the average daily volume of 2,018,098 shares. The stock had previously closed at GBX 1.03 ($0.01).
Galileo Resources Stock Performance
The business has a 50-day moving average of GBX 0.83 and a 200-day moving average of GBX 0.96. The stock has a market capitalization of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41.
Galileo Resources (LON:GLR – Get Free Report) last posted its quarterly earnings data on Monday, December 30th. The company reported GBX 0.19 ($0.00) earnings per share for the quarter.
Galileo Resources Company Profile
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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