Galileo Resources (LON:GLR) Trading Down 7.6% – Should You Sell?

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

Galileo Resources Stock Up 1.7 %

The business’s 50 day simple moving average is GBX 0.83 and its 200 day simple moving average is GBX 0.94. The stock has a market cap of £9.75 million, a price-to-earnings ratio of -9.27 and a beta of 1.41.

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.

See Also

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.