Galileo Resources (LON:GLR) Stock Price Down 6.7%

Galileo Resources Plc (LON:GLR)’s stock price was down 6.7% during trading on Thursday . The stock traded as low as GBX 1.04 ($0.01) and last traded at GBX 1.05 ($0.01). Approximately 6,084,469 shares changed hands during trading, an increase of 220% from the average daily volume of 1,899,524 shares. The stock had previously closed at GBX 1.13 ($0.01).

Galileo Resources Trading Down 9.5 %

The firm’s 50 day moving average is GBX 1.10 and its 200 day moving average is GBX 1.08. The company has a market cap of £11.02 million, a PE ratio of -13.00 and a beta of 1.41. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.01 and a quick ratio of 12.53.

About Galileo Resources

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.