Galileo Mining Ltd engages in the exploration of mineral deposits in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.26|
|52 Week High||AU$0.18|
|52 Week Low||AU$0.43|
|1 Month Change||-10.35%|
|3 Month Change||-13.33%|
|1 Year Change||1.96%|
|3 Year Change||44.44%|
|5 Year Change||n/a|
|Change since IPO||-17.46%|
Recent News & Updates
Here's Why We're Not Too Worried About Galileo Mining's (ASX:GAL) Cash Burn Situation
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
|GAL||AU Metals and Mining||AU Market|
Return vs Industry: GAL underperformed the Australian Metals and Mining industry which returned 13.3% over the past year.
Return vs Market: GAL underperformed the Australian Market which returned 20.3% over the past year.
Stable Share Price: GAL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: GAL's weekly volatility (11%) has been stable over the past year.
About the Company
Galileo Mining Ltd engages in the exploration of mineral deposits in Western Australia. The company explores for cobalt, nickel, and copper, as well as manganese oxide deposits. It holds interests in the Norseman project that covers an area of 306 square kilometers located to the town of Norseman; and Fraser Range Project covering an area of 602 square kilometers situated in the Albany-Fraser Orogen.
Galileo Mining Fundamentals Summary
|GAL fundamental statistics|
Is GAL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GAL income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0041|
|Net Profit Margin||-1,004.74%|
How did GAL perform over the long term?See historical performance and comparison
Is Galileo Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GAL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GAL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GAL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: GAL is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GAL is good value based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2.5x).
How is Galileo Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Galileo Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Galileo Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GAL is currently unprofitable.
Growing Profit Margin: GAL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GAL is unprofitable, and losses have increased over the past 5 years at a rate of 14.9% per year.
Accelerating Growth: Unable to compare GAL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GAL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: GAL has a negative Return on Equity (-3.58%), as it is currently unprofitable.
How is Galileo Mining's financial position?
Financial Position Analysis
Short Term Liabilities: GAL's short term assets (A$5.5M) exceed its short term liabilities (A$237.9K).
Long Term Liabilities: GAL's short term assets (A$5.5M) exceed its long term liabilities (A$29.9K).
Debt to Equity History and Analysis
Debt Level: GAL is debt free.
Reducing Debt: GAL currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GAL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GAL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 15.5% each year
What is Galileo Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GAL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GAL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GAL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Richard Bradley Underwood, also known as Brad, serves Chairman of Galileo Mining Ltd. He served as Interim Chairman of the Board at Galileo Mining Ltd. since December 26, 2019.Mr. Underwood serves as...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD277.27K) is about average for companies of similar size in the Australian market ($USD301.95K).
Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.
Experienced Board: GAL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GAL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.5%.
Galileo Mining Ltd's employee growth, exchange listings and data sources
- Name: Galileo Mining Ltd
- Ticker: GAL
- Exchange: ASX
- Founded: 2003
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$41.185m
- Shares outstanding: 168.10m
- Website: https://www.galileomining.com.au
- Galileo Mining Ltd
- 13 Colin Street
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 07:02|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.