Galileo Resources (LON:GLR) Trading Up 5.4% – Still a Buy?

Galileo Resources Plc (LON:GLRGet Free Report)’s share price was up 5.4% during mid-day trading on Wednesday . The stock traded as high as GBX 1 and last traded at GBX 0.92. Approximately 2,051,779 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 3,617,368 shares. The stock had previously closed at GBX 0.88.

Galileo Resources Trading Up 14.2%

The stock has a market capitalization of £13.80 million, a PE ratio of -9.08 and a beta of 0.46. The business’s 50 day moving average is GBX 0.86 and its 200 day moving average is GBX 0.85.

Galileo Resources (LON:GLRGet Free Report) last posted its quarterly earnings data on Monday, December 29th. The company reported GBX (0.05) earnings per share 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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