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Galilee Energy Limited ( (AU:GLL) ) has shared an update.
Galilee Energy Limited has announced the quotation of 16,666,667 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective December 8, 2025. This move is part of previously announced transactions and reflects the company’s ongoing efforts to strengthen its market position and enhance its financial capabilities, potentially impacting its operational strategies and stakeholder interests.
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 primarily targets the Australian market, seeking to harness domestic energy reserves to meet local demand.
Average Trading Volume: 1,040,718
Technical Sentiment Signal: Sell
Current Market Cap: A$5.66M
See more insights into GLL stock on TipRanks’ Stock Analysis page.