galileo resources plc (2GA:Stuttgart)
galileo resources plc (2GA) Snapshot
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52 Week High
07/30/12 - €0.49
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52 Week Low
05/22/13 - €0.20
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galileo resources plc (2GA) Related Businessweek News
No Related Businessweek News Foundgalileo resources plc (2GA) Details
Galileo Resources Plc, a diverse exploration resource company, engages in the exploitation, exploration, and development of natural resources in South Africa. The company develops rare earth elements, aggregates, and iron ore and manganese projects. Its flagship property is the Glenover Phosphate concession with the prospecting right, which covers a surface area of 15,802 hectares located in the Limpopo Province of South Africa. The company is based in London, the United Kingdom.
Last Reported Date: 08/7/12
galileo resources plc (2GA) Key Developments
The Board of Galileo Resources Plc announced the resignation of Dr. Robin ("Jock") Harmer as Technical director, in order to allow him to focus on his other consultancy commitments. The Company will continue to retain Jock Harmer as a technical consultant to the Company and Andrew Sarosi, Director, will assume the role of Technical Director in the interim.
Galileo Resources Plc reported unaudited consolidated earnings results for the six months ended September 30, 2012. For the period, the company reported operating loss of GBP 619,914 compared to GBP 550,932 a year ago. Loss for the period was GBP 584,409 compared to GBP 544,121 a year ago. Basic and diluted loss per share was 0.75 pence compared to 4.65 pence a year ago. Headline loss per share was 0.75 pence compared to 4.65 pence a year ago. Net cash used in operating activities was GBP 381,181 compared to GBP 360,896 a year ago.
Galileo Resources Plc announced the appointment of Dr. Robin Edward Harmer, to the board as Technical Director of the company. Andrew Sarosi will continue as Executive Director including responsibility for Finance and Corporate Development. More recently Harmer was Managing Director of Southern Crown Resources Limited.
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| 2GA:GR | €0.20 EUR | -0.002 | |
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Industry Analysis
2GA
Industry Average
| Valuation | 2GA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 721.4x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 819.4x |
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