Galan Lithium (ASX:GLN) - Stock Price, News & Analysis

GLN Stock Overview

Galan Lithium Limited acquires, explores for, evaluates, and develops mineral projects.

GLN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Revenue is forecast to grow 131.24% per year

Risk Analysis

Makes less than USD$1m in revenue (A$4K)

Earnings are forecast to decline by an average of 50.5% per year for the next 3 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

+ 2 more risks

Galan Lithium Limited Competitors

Vysarn

ASX:VYS

AU$102.2m

Orion Minerals

ASX:ORN

AU$111.1m

PYX Resources

NSX:PYX

AU$233.0m

Terramin Australia

ASX:TZN

AU$78.3m

Price History & Performance

Summary of all time highs, changes and price drops for Galan Lithium
Historical stock prices
Current Share Price	AU$0.28
52 Week High	AU$1.28
52 Week Low	AU$0.27
Beta	2.18
1 Month Change	-32.14%
3 Month Change	-22.97%
1 Year Change	-72.06%
3 Year Change	-60.42%
5 Year Change	14.00%
Change since IPO	29.55%

Recent updates

Companies Like Galan Lithium (ASX:GLN) Are In A Position To Invest In Growth

Nov 28

Galan Lithium (ASX:GLN) Is In A Strong Position To Grow Its Business

Jul 21

Non-Executive Director Christopher Chalwell Just Sold A Bunch Of Shares In Galan Lithium Limited (ASX:GLN)

Jan 13

Shareholder Returns

	GLN	AU Metals and Mining	AU Market
7D	-8.1%	-2.0%	-1.3%
1Y	-72.1%	-2.8%	6.0%

Return vs Industry: GLN underperformed the Australian Metals and Mining industry which returned -2.8% over the past year.

Return vs Market: GLN underperformed the Australian Market which returned 6% over the past year.

Price Volatility

Is GLN's price volatile compared to industry and market?
GLN volatility
GLN Average Weekly Movement	14.0%
Metals and Mining Industry Average Movement	12.5%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.7%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: GLN's share price has been volatile over the past 3 months.

Volatility Over Time: GLN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2011	n/a	JP de la Vega	galanlithium.com.au

Galan Lithium Limited acquires, explores for, evaluates, and develops mineral projects. The company primarily explores for lithium and other deposits. It holds 100% interests in the Hombre Muerto West project that comprises seven concessions covering an area of approximately 11,600 hectares located in the Catamarca province in Argentina; and the Candelas comprises fourteen exploration permits project covering an area of 24,072 hectares located in the Catamarca province, Argentina.

Galan Lithium Limited Fundamentals Summary

How do Galan Lithium's earnings and revenue compare to its market cap?
GLN fundamental statistics
Market cap	AU$115.65m
Earnings (TTM)	-AU$9.21m
Revenue (TTM)	AU$3.62k

Over9,999x

P/S Ratio

-12.8x

P/E Ratio

Is GLN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLN income statement (TTM)
Revenue	AU$3.62k
Cost of Revenue	AU$0
Gross Profit	AU$3.62k
Other Expenses	AU$9.21m
Earnings	-AU$9.21m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.022
Gross Margin	100.00%
Net Profit Margin	-254,164.66%
Debt/Equity Ratio	0%

How did GLN perform over the long term?

See historical performance and comparison

GLN Stock Overview

Rewards

Risk Analysis

Galan Lithium Limited Competitors

ASX:VYS

AU$102.2m

ASX:ORN

AU$111.1m

NSX:PYX

AU$233.0m

ASX:TZN

AU$78.3m

Price History & Performance

Recent News & Updates

Galan Lithium Limited, Annual General Meeting, Apr 22, 2024

New minor risk - Market cap size

Galan Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 18 million.

MD & Director recently bought AU$130k worth of stock

Non-Executive Chairman exercised options to buy AU$690k worth of stock.

Galan Lithium Limited, Annual General Meeting, Nov 16, 2023

Recent updates

Galan Lithium Limited, Annual General Meeting, Apr 22, 2024

New minor risk - Market cap size

Galan Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 18 million.

MD & Director recently bought AU$130k worth of stock

Non-Executive Chairman exercised options to buy AU$690k worth of stock.

Galan Lithium Limited, Annual General Meeting, Nov 16, 2023

No longer forecast to breakeven

Galan Lithium Limited (ASX:GLN) and Infinity Stone Ventures Corp. (CNSX:GEMS) entered into a definitive agreement to acquire Taiga, Camaro and Hellcat Lithium Projects in James Bay Lithium Province from Infinity Stone Ventures Corp. (CNSX:GEMS) and others for CAD 0.64 million.

New major risk - Revenue and earnings growth

Non-Executive Director exercised options and sold AU$241k worth of stock

Forecast to breakeven in 2026

MD & Director recently bought AU$105k worth of stock

New major risk - Financial position

New major risk - Revenue and earnings growth

No longer forecast to breakeven

Non-Executive Director recently bought AU$126k worth of stock

Galan Lithium Limited Announces Move to 100% Title of Candelas Project in Catamarca, Argentina

Galan Lithium Limited Announces Successful 2022 Pumping Test Program

Galan Lithium Limited Announces Maiden Drilling Program at the Newly Defined Fry's Block Located Within its 100% Owned Greenbushes South Lithium Project

Galan Lithium Limited (ASX:GLN) executed a Binding Term Sheet to acquire remaining 20% interest in Greenbushes project from Lithium Australia Limited (ASX:LIT) for AUD 3 million.

Companies Like Galan Lithium (ASX:GLN) Are In A Position To Invest In Growth

Galan Lithium Limited Provide an Update on the Various Evaluation Workstreams in Progress on Hombre Muerto West Project

Galan Lithium Limited Declines Re-Election of Jinyu (Raymond) Liu as Director

No independent directors

Galan Lithium Limited Submits Application to Increase the Scope of the Piloting Stage for Hombre Muerto West Project

Galan Lithium Limited Announces 2.5X Increase in Hmw Resource - Now 5.8Mt Lce @ 866 Mg/L Li

Galan Lithium Limited, Annual General Meeting, Nov 18, 2022

Non-Executive Director recently bought AU$60k worth of stock

Galan Lithium Limited Announces High-Flow, High-Grade Pumping Test Results Continue

Galan Lithium Limited Updates on its Exploration Activities at the Greenbushes South Lithium Project

Galan Lithium Limited Updates on its Exploration Activities at the Greenbushes South Lithium Project

Galan Lithium (ASX:GLN) Is In A Strong Position To Grow Its Business

Galan Lithium Limited Provides Update on Hombre Muerto West Lithium Project

MD & Director recently bought AU$60k worth of stock

Non-Executive Director recently bought AU$53k worth of stock

Galan Lithium Limited Provides an Update on its Ongoing Exploration Activities at the Greenbushes South Lithium Project

Galan Lithium Limited Announces Long Term Pumping Tests to Commence at HMW Project

Forecast breakeven date moved forward to 2023

No independent directors

Non-Executive Director recently sold AU$82k worth of stock

Non-Executive Director exercised options to buy AU$694k worth of stock.

Galan Lithium Limited Announces Extensional Drilling Success At HMW Project

Galan Lithium Limited Provides Update on the Intensive Site and Study Activities in Progress for its Hombre Muerto West Lithium Project in Catamarca Province, Argentina

Non-Executive Director recently bought AU$76k worth of stock

Galan Lithium Limited Appoints Graeme Fox as Chief Financial Officer

Non-Executive Director exercised options and sold AU$1.7m worth of stock

Non-Executive Director exercised options and sold AU$420k worth of stock

MD & Director exercised options and sold AU$1.7m worth of stock

Galan Lithium Limited Provides a Progress Update Report for its 100% Owned Hombre Muerto West (HWM) Project (The Project) in Catamarca Province, Argentina

Non-Executive Director exercised options and sold AU$941k worth of stock

Galan Lithium Limited Announces First Bore Hole Completed - Further Brine Potential Revealed

Galan Lithium Limited Initiates Candelas Scoping Study

Galan Lithium Limited Announces Proof of Concept Tests Achieved Battery Grade Quality 99.88%

Galan Lithium Limited Commences Early Foundation Works for Its Feasibility Study At Hombre Muerto West (Hmw) Project

Galan Lithium Limited Provides an Update of Low Use Energy and Lithium Carbon Footprint Solution for Hombre Muerto West Project Located in the South American Lithium Triangle in Catamarca, Argentina

New 90-day high: AU$0.64

Galan Lithium Limited Initiats Work Programme for Greenbushes South Lithium Project

Galan Lithium Limited (ASX:GLN) entered into an agreement to acquire 80% stake in Greenbushes project from Lithium Australia NL (ASX:LIT) for AUD 0.46 million.

Non-Executive Director Christopher Chalwell Just Sold A Bunch Of Shares In Galan Lithium Limited (ASX:GLN)