Galileo Resources (LON:GLR) Shares Up 2.5% – What’s Next?

Shares of Galileo Resources Plc (LON:GLRGet Free Report) shot up 2.5% during mid-day trading on Friday . The company traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.87 ($0.01). 39,733,473 shares were traded during mid-day trading, an increase of 1,677% from the average session volume of 2,236,349 shares. The stock had previously closed at GBX 0.85 ($0.01).

Galileo Resources Trading Up 2.5%

The stock has a 50-day moving average of GBX 0.88 and a 200-day moving average of GBX 0.88. The firm has a market cap of £10.13 million, a price-to-earnings ratio of 580.67 and a beta of 1.41.

Galileo Resources Company Profile

(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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