Galileo Resources (LON:GLR) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Galileo Resources Plc (LON:GLRGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.86 and traded as high as GBX 0.90. Galileo Resources shares last traded at GBX 0.90, with a volume of 676,650 shares traded.

Galileo Resources Stock Performance

The firm has a market cap of £12.09 million, a price-to-earnings ratio of -7.95 and a beta of 1.41. The business’s 50 day moving average price is GBX 0.86 and its 200 day moving average price is GBX 0.86.

Galileo Resources (LON:GLRGet Free Report) last issued its quarterly earnings data on Monday, December 29th. The company reported GBX (0.05) EPS for the quarter.

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.

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