Galileo Resources (LON:GLR) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Galileo Resources Plc (LON:GLRGet Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1.07 ($0.01) and traded as high as GBX 1.09 ($0.01). Galileo Resources shares last traded at GBX 1.09 ($0.01), with a volume of 369,970 shares trading hands.

Galileo Resources Stock Up 1.4 %

The company has a debt-to-equity ratio of 0.07, a quick ratio of 12.53 and a current ratio of 1.03. The stock has a market cap of £12.64 million, a P/E ratio of -13.00 and a beta of 1.41. The company’s fifty day moving average price is GBX 1.07 and its 200-day moving average price is GBX 1.08.

Galileo Resources Company Profile

(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.

Read More

Receive News & Ratings for Galileo Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galileo Resources and related companies with MarketBeat.com's FREE daily email newsletter.