Galileo Resources (LON:GLR) Stock Price Down 7.6% – Here’s What Happened

Shares of Galileo Resources Plc (LON:GLRGet Free Report) dropped 7.6% during trading on Monday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). Approximately 1,007,726 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 1,811,043 shares. The stock had previously closed at GBX 0.87 ($0.01).

Galileo Resources Stock Performance

The company has a market cap of £9.35 million, a price-to-earnings ratio of -8.89 and a beta of 1.41. The company’s 50 day moving average price is GBX 0.83 and its 200 day moving average price is GBX 0.94.

Galileo Resources Company Profile

(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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