Galileo Resources (LON:GLR) Stock Price Down 19% – Time to Sell?

Galileo Resources Plc (LON:GLRGet Free Report) fell 19% on Tuesday . The company traded as low as GBX 0.83 ($0.01) and last traded at GBX 0.83 ($0.01). 11,758,101 shares were traded during trading, an increase of 493% from the average session volume of 1,981,434 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Trading Down 17.1 %

The stock has a fifty day moving average of GBX 0.83 and a two-hundred day moving average of GBX 0.96. The company has a market capitalization of £9.88 million, a PE ratio of -9.39 and a beta of 1.41.

Galileo Resources (LON:GLRGet Free Report) last posted its quarterly earnings results 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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