Galileo Resources (LON:GLR) Shares Up 11.8% – Time to Buy?
by Jessica Moore · The Cerbat GemGalileo Resources Plc (LON:GLR – Get Free Report)’s stock price traded up 11.8% during mid-day trading on Tuesday . The company traded as high as GBX 0.95 and last traded at GBX 0.95. 1,091,874 shares were traded during trading, a decline of 51% from the average session volume of 2,245,885 shares. The stock had previously closed at GBX 0.85.
Galileo Resources Price Performance
The stock has a 50 day simple moving average of GBX 0.81 and a two-hundred day simple moving average of GBX 0.85. The company has a market cap of £13.13 million, a PE ratio of 7.31 and a beta of 1.41.
Galileo Resources (LON:GLR – Get Free Report) last announced its earnings results on Tuesday, September 30th. The company reported GBX 0.13 earnings per share (EPS) for the quarter.
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.