Galileo Resources (LON:GLR) Share Price Crosses Above 50-Day Moving Average of $1.06

Galileo Resources Plc (LON:GLR)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1.06 ($0.01) and traded as high as GBX 1.20 ($0.01). Galileo Resources shares last traded at GBX 1.10 ($0.01), with a volume of 4,840,571 shares.

Galileo Resources Stock Up 2.2 %

The firm’s 50 day moving average price is GBX 1.06 and its two-hundred day moving average price is GBX 1.07. The company has a current ratio of 4.01, a quick ratio of 12.53 and a debt-to-equity ratio of 0.07. The company has a market capitalization of £13.04 million, a P/E ratio of -13.00 and a beta of 1.34.

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.