J Richard Wollenberg Purchases 250,000 Shares of Galileo Resources Plc (LON:GLR) Stock

Galileo Resources Plc (LON:GLR) insider J Richard Wollenberg acquired 250,000 shares of the stock in a transaction dated Monday, April 22nd. The shares were bought at an average cost of GBX 1 ($0.01) per share, with a total value of £2,500 ($3,087.94).

Galileo Resources Price Performance

Shares of GLR stock opened at GBX 1.20 ($0.01) on Wednesday. The firm has a fifty day moving average of GBX 1.06 and a 200-day moving average of 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. Galileo Resources Plc has a 12-month low of GBX 0.85 ($0.01) and a 12-month high of GBX 1.50 ($0.02). The company has a market capitalization of £13.92 million, a price-to-earnings ratio of -13.00 and a beta of 1.34.

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.