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Galilee Energy Limited ( (AU:GLL) ) has issued an announcement.
Galilee Energy Limited has announced a proposed issuance of 175 million fully paid ordinary securities, scheduled for January 30, 2026. This move is part of the company’s strategy to raise capital, which could potentially strengthen its financial position and support its growth initiatives in the energy sector.
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 oil and gas resources. The company is committed to expanding its market presence and enhancing its portfolio of energy assets.
Average Trading Volume: 1,040,718
Technical Sentiment Signal: Sell
Current Market Cap: A$7.07M
For a thorough assessment of GLL stock, go to TipRanks’ Stock Analysis page.