Shares of Galileo Resources Plc (LON:GLR – Get Free Report) traded down 17.1% during trading on Wednesday . The stock 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 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 company’s 50 day simple moving average is GBX 0.83 and its 200 day simple moving average is GBX 0.95.
Galileo Resources (LON:GLR – Get Free Report) last announced its quarterly earnings data 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.
Further Reading
- Five stocks we like better than Galileo Resources
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- Insider Trades May Not Tell You What You Think
- NVIDIA Insiders Sell: This Is What It Means for the Market
- The Role Economic Reports Play in a Successful Investment Strategy
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
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.
