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

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

Galileo Resources Stock Performance

Galileo Resources stock opened at GBX 1.12 ($0.01) on Tuesday. The company has a market cap of £12.96 million, a PE ratio of -13.00 and a beta of 1.41. 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 fifty day moving average price of GBX 1.08 and a two-hundred day moving average price of GBX 1.08. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.03 and a quick ratio of 12.53.

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.