Shares of Galileo Resources Plc (LON:GLR – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.83 ($0.01) and last traded at GBX 0.88 ($0.01), with a volume of 575919 shares. The stock had previously closed at GBX 0.88 ($0.01).
Galileo Resources Price Performance
The firm has a market capitalization of £10.24 million, a PE ratio of -13.00 and a beta of 1.41. The stock has a 50-day moving average price of GBX 1.03 and a 200 day moving average price of GBX 1.06. The company has a quick ratio of 12.53, a current ratio of 1.03 and a debt-to-equity ratio of 0.07.
Insider Transactions at Galileo Resources
In related news, insider Joel Silberstein purchased 369,863 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £3,698.63 ($4,628.49). Insiders own 74.79% of the company’s stock.
About Galileo Resources
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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