Galileo Resources (LON:GLR) Announces Quarterly Earnings Results

Galileo Resources (LON:GLR) released its quarterly earnings data on Friday. The company reported GBX (0.03) ($0.00) earnings per share for the quarter, Digital Look Earnings reports.

Shares of LON GLR remained flat at $GBX 0.50 ($0.01) during midday trading on Friday. 108,427 shares of the stock traded hands, compared to its average volume of 719,051. The firm’s 50 day moving average is GBX 0.50 and its 200 day moving average is GBX 0.52. The stock has a market cap of $2.79 million and a P/E ratio of -5.00. Galileo Resources has a 52-week low of GBX 0.40 ($0.01) and a 52-week high of GBX 0.86 ($0.01). The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 0.07.

About Galileo Resources

Galileo Resources Plc, through its subsidiaries, engages in the exploration of natural resources in South Africa, the United States, and Zambia. The company explores for zinc, phosphate, copper, lead, silver, and gold deposits. It primarily focuses on exploring the Star Zinc project located to the northeast of Lusaka, Zambia.

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