Galileo Resources (LON:GLR) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Shares of Galileo Resources Plc (LON:GLRGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.82 ($0.01) and traded as high as GBX 0.83 ($0.01). Galileo Resources shares last traded at GBX 0.81 ($0.01), with a volume of 187,000 shares traded.

Galileo Resources Stock Up 0.8 %

The stock has a fifty day moving average of GBX 0.82 and a 200-day moving average of GBX 0.97. The firm has a market capitalization of £9.37 million, a P/E ratio of -8.91 and a beta of 1.41.

Galileo Resources (LON:GLRGet Free Report) last released its quarterly earnings results on Monday, December 30th. The company reported GBX 0.19 ($0.00) earnings per share for the quarter.

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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