Galileo Resources (LON:GLR) Stock Price Up 2.5% – Still a Buy?

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

Galileo Resources Trading Up 2.5%

The firm has a market capitalization of £10.13 million, a P/E ratio of 580.67 and a beta of 1.41. The stock has a 50 day simple moving average of GBX 0.88 and a 200-day simple moving average of GBX 0.88.

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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