Galileo Resources (LON:GLR) Shares Pass Above 50-Day Moving Average of $1.06

Shares of Galileo Resources Plc (LON:GLRGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1.06 ($0.01) and traded as high as GBX 1.20 ($0.01). Galileo Resources shares last traded at GBX 1.10 ($0.01), with a volume of 4,840,571 shares traded.

Galileo Resources Trading Up 2.2 %

The firm has a market cap of £13.04 million, a price-to-earnings ratio of -13.00 and a beta of 1.34. The company has a debt-to-equity ratio of 0.07, a quick ratio of 12.53 and a current ratio of 4.01. The business has a fifty day simple moving average of GBX 1.06 and a 200-day simple moving average of GBX 1.07.

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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