Galileo Resources (LON:GLR) Stock Price Down 7.6% – Here’s Why

Galileo Resources Plc (LON:GLRGet Free Report) fell 7.6% during trading 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 mid-day 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 Performance

The company’s 50-day moving average price is GBX 0.83 and its 200 day moving average price is GBX 0.94. The stock has a market capitalization of £9.35 million, a PE ratio of -8.89 and a beta of 1.41.

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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