Galileo Resources (LON:GLR) Shares Down 18.5% – Time to Sell?

Galileo Resources Plc (LON:GLRGet Free Report) fell 18.5% on Tuesday . The stock traded as low as GBX 0.82 ($0.01) and last traded at GBX 0.84 ($0.01). 3,833,309 shares traded hands during trading, an increase of 108% from the average session volume of 1,844,799 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Performance

The stock has a market cap of £9.71 million, a P/E ratio of -9.23 and a beta of 1.41. The firm has a 50 day moving average of GBX 0.83 and a two-hundred day moving average of GBX 0.96.

Galileo Resources (LON:GLRGet Free Report) last posted its quarterly earnings data on Monday, December 30th. The company reported GBX 0.19 ($0.00) EPS for the quarter.

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.

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