Galileo Resources (LON:GLR) Trading Down 10.5%

Galileo Resources Plc (LON:GLRGet Free Report)’s stock price dropped 10.5% during trading on Monday . The stock traded as low as GBX 0.91 ($0.01) and last traded at GBX 0.92 ($0.01). Approximately 2,059,231 shares were traded during mid-day trading, an increase of 6% from the average daily volume of 1,941,170 shares. The stock had previously closed at GBX 1.03 ($0.01).

Galileo Resources Stock Performance

The stock has a market capitalization of £11.60 million, a price-to-earnings ratio of -13.00 and a beta of 1.41. The company’s fifty day simple moving average is GBX 1.10 and its 200 day simple moving average is GBX 1.08. The company has a quick ratio of 12.53, a current ratio of 4.01 and a debt-to-equity ratio of 0.07.

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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