Galileo Resources (GLR) Given “Speculative Buy” Rating at Beaufort Securities

Beaufort Securities restated their speculative buy rating on shares of Galileo Resources (LON:GLR) in a report published on Wednesday.

Galileo Resources (LON GLR) remained flat at $GBX 1.60 ($0.02) on Wednesday. The company had a trading volume of 8,294 shares, compared to its average volume of 1,520,000. The firm has a market capitalization of $0.81 and a P/E ratio of -159.75. Galileo Resources has a fifty-two week low of GBX 1.13 ($0.02) and a fifty-two week high of GBX 11.20 ($0.15).

Galileo Resources (LON:GLR) last posted its quarterly earnings results on Friday, December 8th. The company reported GBX (0.10) ($0.00) earnings per share for the quarter.

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About Galileo Resources

Galileo Resources Plc acts as a holding company for subsidiary undertakings and investments engaged in the exploration of natural resources. The Company is engaged in the exploration and development of gold, copper, rare-earth aggregates, and iron ore and manganese. The Company’s segments include Rare earths, aggregates and iron ore and manganese, and Gold, Copper.

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