Galileo Resources (LON:GLR) Trading 2.5% Higher – Here’s Why

Shares of Galileo Resources Plc (LON:GLRGet Free Report) traded up 2.5% 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 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 Stock Performance

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

Galileo Resources Company Profile

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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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