Galileo Resources (LON:GLR) Stock Price Up 7.1% – Still a Buy?

Galileo Resources Plc (LON:GLRGet Free Report)’s share price rose 7.1% on Friday . The company traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.91 ($0.01). Approximately 18,146,350 shares were traded during trading, an increase of 756% from the average daily volume of 2,120,289 shares. The stock had previously closed at GBX 0.85 ($0.01).

Galileo Resources Stock Up 2.5%

The business has a 50-day moving average price of GBX 0.88 and a two-hundred day moving average price of GBX 0.88. The firm has a market cap of £10.13 million, a PE ratio of 580.67 and a beta of 1.41.

About Galileo Resources

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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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