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

Shares of Galileo Resources Plc (LON:GLRGet Free Report) were down 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 Stock Down 2.9%

The company has a 50-day moving average of GBX 0.88 and a two-hundred day moving average of GBX 0.87. The company has a market capitalization of £9.88 million, a P/E ratio of -9.39 and a beta of 1.41.

About Galileo Resources

(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.

Featured Articles

Receive News & Ratings for Galileo Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galileo Resources and related companies with MarketBeat.com's FREE daily email newsletter.