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

Galileo Resources Plc (LON:GLRGet Free Report) fell 2.9% 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 traded 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 cap of £9.88 million, a PE ratio of -9.39 and a beta of 1.41. The stock has a fifty day simple moving average of GBX 0.88 and a two-hundred day simple 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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