Insider Buying: Galileo Resources Plc (LON:GLR) Insider Purchases 369,863 Shares of Stock

Galileo Resources Plc (LON:GLR) insider Joel Silberstein purchased 369,863 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £3,698.63 ($4,645.35).

Galileo Resources Price Performance

Shares of GLR opened at GBX 1.12 ($0.01) on Tuesday. Galileo Resources Plc has a 12 month low of GBX 0.90 ($0.01) and a 12 month high of GBX 1.35 ($0.02). The company has a debt-to-equity ratio of 0.07, a current ratio of 1.03 and a quick ratio of 12.53. The stock has a fifty day moving average price of GBX 1.08 and a 200 day moving average price of GBX 1.08. The company has a market cap of £12.96 million, a P/E ratio of -13.00 and a beta of 1.41.

About Galileo Resources

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.