Shares of Galileo Resources Plc (LON:GLR – Get Free Report) traded down 17.1% during mid-day trading on Tuesday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.85 ($0.01). 13,884,631 shares changed hands during mid-day trading, an increase of 588% from the average session volume of 2,018,098 shares. The stock had previously closed at GBX 1.03 ($0.01).
Galileo Resources Stock Performance
The company has a 50-day moving average price of GBX 0.83 and a 200-day moving average price of GBX 0.96. The company has a market capitalization of £9.88 million, a price-to-earnings ratio of -9.39 and a beta of 1.41.
Galileo Resources (LON:GLR – Get Free Report) last released its quarterly earnings results on Monday, December 30th. The company reported GBX 0.19 ($0.00) earnings per share (EPS) for the quarter.
Galileo Resources Company Profile
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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