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An update from Galilee Energy Limited ( (AU:GLL) ) is now available.
Galilee Energy Limited has reported on its June 2025 quarterly activities, highlighting key operational developments and financial updates. The company has implemented operational cost reductions at the Glenaras Gas Project to improve capital efficiency and is monitoring reservoir pressures to refine its subsurface model. Additionally, Galilee is conducting a farm-out process for the Denison Trough permit ATP2050 and continues to explore other opportunities. The company’s cash balance stands at $2.8 million following a partial capital raise, and it has maintained a disciplined approach to expenditure.
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 gas projects. The company owns and operates the Glenaras Gas Project and the Springsure Project, both located in Queensland, Australia. Galilee Energy is engaged in exploration and evaluation activities, with a market focus on enhancing capital efficiency and exploring new opportunities.
Average Trading Volume: 1,107,033
Technical Sentiment Signal: Sell
Current Market Cap: A$7.78M
For detailed information about GLL stock, go to TipRanks’ Stock Analysis page.