Galileo Resources (GLR)

 42.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 47.50
  • 52 Week Low: 32.00
  • Currency: UK Pounds
  • Shares Issued: 75.56m
  • Volume: 0
  • Market Cap: £31.73m

Latest ShareCast News

Sunday share tips: Barclays, Berendsen, Galileo Resources

Date: Sunday 29 Apr 2012

Barclays had a “good” financial crisis. It did not need a government bail-out and it managed to snap up the investment banking arm of Lehman Brothers at a bargain price after it collapsed. However, with investment banking operations come high salaries. Across the whole sector a lot of value was being created by the operation, but a large proportion was being handed to staff in large bonuses instead of being directed to the owners – its shareholders. Nonetheless, there is no doubt that the banking sector is cheap – but things are cheap for a reason. Debt problems and sluggish growth are likely to make the sector volatile. However, the average price target of City analysts is some 23pc above the current share price and the yield is 3.1pc. Ultimately, the sector should be rerated. Indeed, banking stocks were penny shares in the 1970s crisis, before recovering substantially. Investors wishing to play this should buy and hold as a speculative position. But the rating is avoid because of the uncertainty, says the Questor team at The Sunday Telegraph.

GLR Regulatory News

Resource Statement 17-Apr-2012 07:00 RNS
Directorate Change 12-Mar-2012 12:19 PR Newswire
Glenover Rare Earth Project Drilling Update 02-Mar-2012 07:00 PR Newswire
Total Voting Rights 31-Jan-2012 14:42 RNS
Glenover Project Drilling Update 16-Jan-2012 09:00 RNS

GLR Newspaper Links

No recent information was found.

GLR Tips & Analysis

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GLR News Wires

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Other GLR News

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

GLR Market Data

Currency UK Pounds
Share Price 42.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 47.50
52 Week Low 32.00
Volume 0
Shares Issued 75.56m
Market Cap £31.73m

GLR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend Not Available
Income Not Available
Growth Not Available

GLR Dividends

No dividends found

Trades for --2012

Time Volume / Share Price
0 @ 0.000p

GLR Key Personnel

Finance Director Andrew F. Sarosi

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