Shares of Galileo Resources Plc (LON:GLR – Get Free Report) dropped 19% during mid-day trading on Tuesday . The company traded as low as GBX 0.83 ($0.01) and last traded at GBX 0.83 ($0.01). Approximately 11,758,101 shares changed hands during mid-day trading, an increase of 493% from the average daily volume of 1,981,434 shares. The stock had previously closed at GBX 1.03 ($0.01).
Galileo Resources Price Performance
The company has a 50 day moving average of GBX 0.83 and a 200-day moving average of GBX 0.96. The company has a market cap of £9.88 million, a P/E ratio of -9.39 and a beta of 1.41.
Galileo Resources (LON:GLR – Get Free Report) last issued its quarterly earnings results on Monday, December 30th. The company reported GBX 0.19 ($0.00) earnings per share (EPS) for the quarter.
About Galileo Resources
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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