Galileo Resources (LON:GLR) Trading Down 7.6% – What’s Next?

Galileo Resources Plc (LON:GLRGet Free Report) shares dropped 7.6% on Monday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). 1,007,726 shares traded hands during trading, a decline of 44% from the average session volume of 1,811,043 shares. The stock had previously closed at GBX 0.87 ($0.01).

Galileo Resources Stock Up 1.7 %

The stock has a market capitalization of £9.75 million, a P/E ratio of -9.27 and a beta of 1.41. The business’s 50 day simple moving average is GBX 0.83 and its two-hundred day simple moving average is GBX 0.94.

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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