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Galilee Energy Limited ( (AU:GLL) ) has issued an announcement.
Galilee Energy Limited has announced a proposed issue of securities, including options and fully paid ordinary shares, set to be issued by January 30, 2026. This move is part of the company’s strategy to raise capital, potentially impacting its financial standing and market operations, and may influence stakeholder interests as it seeks to expand its energy projects.
The most recent analyst rating on (AU:GLL) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Galilee Energy Limited stock, see the AU:GLL Stock Forecast page.
More about Galilee Energy Limited
Galilee Energy Limited operates in the energy sector, focusing on the exploration and development of coal seam gas and other energy resources. The company is involved in projects that aim to harness and supply energy resources, contributing to the energy market.
Average Trading Volume: 1,040,718
Technical Sentiment Signal: Sell
Current Market Cap: A$7.07M
For an in-depth examination of GLL stock, go to TipRanks’ Overview page.