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GAL

Galileo MiningASX:GAL Stock Report

Market Cap

AU$41.2m

7D

6.1%

1Y

2.0%

Updated

19 Oct, 2021

Data

Company Financials
GAL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GAL Overview

Galileo Mining Ltd engages in the exploration of mineral deposits in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Galileo Mining
Historical stock prices
Current Share PriceAU$0.26
52 Week HighAU$0.18
52 Week LowAU$0.43
Beta0.70
1 Month Change-10.35%
3 Month Change-13.33%
1 Year Change1.96%
3 Year Change44.44%
5 Year Changen/a
Change since IPO-17.46%

Recent News & Updates

Aug 18
Here's Why We're Not Too Worried About Galileo Mining's (ASX:GAL) Cash Burn Situation

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...

Shareholder Returns

GALAU Metals and MiningAU Market
7D6.1%3.9%1.7%
1Y2.0%13.3%20.3%

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.

Price Volatility

Is GAL's price volatile compared to industry and market?
GAL volatility
GAL Beta0.70
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2003n/aBrad Underwoodhttps://www.galileomining.com.au

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

How do Galileo Mining's earnings and revenue compare to its market cap?
GAL fundamental statistics
Market CapAU$41.18m
Earnings (TTM)-AU$688.24k
Revenue (TTM)AU$68.50k

650.0x

P/S Ratio

-63.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GAL income statement (TTM)
RevenueAU$68.50k
Cost of RevenueAU$0
Gross ProfitAU$68.50k
ExpensesAU$756.74k
Earnings-AU$688.24k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0041
Gross Margin100.00%
Net Profit Margin-1,004.74%
Debt/Equity Ratio0%

How did GAL perform over the long term?

See historical performance and comparison

Valuation

Is Galileo Mining undervalued compared to its fair value and its price relative to the market?

2.27x

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).


Future Growth

How is Galileo Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

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.


Past Performance

How has Galileo Mining performed over the past 5 years?

-14.9%

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.


Financial Health

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.


Balance Sheet


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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

Brad Underwood

0.92

Tenure

AU$374,122

Compensation

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.


Board Members

Experienced Board: GAL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.5%.


Top Shareholders

Company Information

Galileo Mining Ltd's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Galileo Mining Ltd
  • 13 Colin Street
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:02
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.