Galileo Resources (LON:GLR) Trading Up 6.7% – What’s Next?

Galileo Resources Plc (LON:GLR) traded up 6.7% during mid-day trading on Monday . The company traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.95 ($0.01). 2,732,055 shares were traded during trading, an increase of 44% from the average session volume of 1,899,220 shares. The stock had previously closed at GBX 0.89 ($0.01).

Galileo Resources Stock Up 6.7%

The company has a market capitalization of £11.04 million, a P/E ratio of -10.50 and a beta of 1.41. The stock has a fifty day simple moving average of GBX 0.86 and a 200-day simple moving average of GBX 0.90.

Galileo Resources Company Profile

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.