Galileo Resources (LON:GLR) Trading Down 2.9% – Should You Sell?

Shares of Galileo Resources Plc (LON:GLRGet Free Report) dropped 2.9% on Tuesday . The stock traded as low as GBX 0.84 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 492,070 shares were traded during mid-day 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 Price Performance

The firm has a market cap of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41. The firm’s fifty day moving average is GBX 0.88 and its two-hundred day moving average is GBX 0.87.

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.

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