Galileo Mining Ltd. (GAL) AI Stock Analysis

• Market Cap: AU$53.36M
• Dividend Yield: N/A
• Average Volume (3M): 464.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.09
• Revenue Growth: N/A
• EPS Growth: -134.50%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 197,624,920
• 10 Day Avg. Volume: 506,679
• 30 Day Avg. Volume: 464,598
• PEG Ratio: 0.14
• Price to Book (P/B): 0.48
• Price to Sales (P/S): 39.83
• P/FCF Ratio: -5.87
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: AU$0.31 ▲(52.50% Upside)

The score is held back primarily by weak and volatile operating performance and ongoing cash burn despite a strong, low-leverage balance sheet. Technicals are a relative positive with the price above key moving averages and positive momentum, but valuation remains challenged due to losses (negative P/E) and no dividend support.

Positive Factors

Low leverage / strong balance sheet

Very low debt and ~A$47m of equity provide durable financial flexibility for an exploration company. This reduces insolvency risk, supports funding of drilling and studies, and gives optionality to structure joint ventures or sell-downs without immediate distress financing needs.

Exposure to battery and base metals

Concentration on nickel, copper, cobalt and PGEs aligns the company with structural electrification and decarbonisation demand drivers. Over a multi-quarter horizon, this commodity focus supports long-term project value if discoveries are advanced, attracting strategic partners and financing.

Value-creating exploration business model

The company’s model—discover, define, then advance projects via studies and approvals—is inherently scalable: successful resource definition and de-risking materially increase asset value and partnership or offtake prospects over months to years, creating optional monetisation pathways.

Negative Factors

Persistent negative cash flow

Sustained negative operating and free cash flows indicate the business cannot self-fund exploration and studies. Over 2-6 months this raises dependency on external funding, increases dilution risk, and can slow project timelines if capital injections are delayed or terms worsen.

Volatile, loss-making operating performance

Large revenue swings and deeply negative margins point to inconsistent earnings power and limited operational scalability. This structural volatility hampers long-term planning, weakens bargaining power with partners, and complicates securing non-dilutive financing or commercial offtake deals.

Heightened funding risk despite strong balance sheet

Even with low leverage, ongoing cash burn and weak operations raise medium-term funding risk: the company may need equity or asset sales to sustain exploration. Such outcomes can delay project milestones, dilute existing shareholders, and shift strategic focus toward short-term capital raises.

Galileo Mining Ltd. Business Overview & Revenue Model

Company Description

Galileo Mining Ltd engages in the exploration of mineral deposits in Western Australia. The company explores for cobalt, nickel, lithium, and copper, as well as nickel sulphides. It holds a 100% interest in the Norseman project that covers an area of 306 square kilometers located to the town of Norseman; and 67% interest Fraser Range Project covering an area of 602 square kilometers situated in the Albany-Fraser Orogen. The company was incorporated in 2003 and is based in West Perth, Australia.

How the Company Makes Money

Galileo Mining Ltd. makes money through the exploration and development of mineral resources, primarily focusing on nickel, copper, and cobalt. The company generates revenue by advancing its exploration projects to the point of feasibility, after which it can either develop the mines itself or sell interests in its projects to larger mining companies. Additionally, GAL may enter into joint ventures or strategic partnerships with other mining entities to share the costs and risks associated with mineral exploration and development. Revenue is further supported by the global demand for critical minerals, driven by the electric vehicle and renewable energy industries, which can increase the value of GAL's mineral assets.

Galileo Mining Ltd. Financial Statement Overview

Summary

Financial performance is mixed: the balance sheet is strong with minimal leverage (Balance Sheet Score 78), but operating results are volatile and largely loss-making (Income Statement Score 34) and cash generation is weak with persistent negative operating and free cash flow (Cash Flow Score 22), increasing funding risk.

Income Statement

Results are volatile and largely loss-making. Revenue swung from A$5.0M (FY2024) to only A$0.57M (FY2025), with FY2025 net margin deeply negative (about -204%) and negative EBIT/EBITDA. FY2024 showed strong reported profitability (net income A$3.37M), but that did not translate into operating strength given negative operating cash flow; overall, profitability and revenue consistency remain weak.

Balance Sheet

Balance sheet is a key strength: leverage is very low (debt-to-equity ~0.00–0.00x across periods, ~0.003x in FY2025) with sizable equity (~A$47.0M in FY2025) supporting the asset base. The main drawback is returns: return on equity is negative in FY2025 (about -2.5%) and has been negative in most years, reflecting limited earnings power despite strong capitalization.

Cash Flow

Cash generation is weak and deteriorated in the latest year. Operating cash flow is negative across all periods (FY2025 about -A$0.74M), and free cash flow is consistently meaningfully negative (FY2025 about -A$3.86M), indicating ongoing cash burn. While free cash flow was better than the prior year, the business still relies on funding rather than internally generated cash to sustain operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	-975.00	568.15K	5.00M	0.00	3.17K	68.50K
Gross Profit	-86.63K	568.15K	-82.23K	-68.21K	-67.04K	-16.63K
EBITDA	3.28M	-1.07M	3.46M	-1.46M	-1.12M	-603.11K
Net Income	3.49M	-1.16M	3.37M	-1.53M	-1.19M	-688.24K
Balance Sheet
Total Assets	47.72M	47.65M	48.27M	44.71M	25.01M	19.51M
Cash, Cash Equivalents and Short-Term Investments	11.32M	9.74M	13.62M	14.46M	7.02M	5.40M
Total Debt	161.72K	131.28K	0.00	55.05K	111.76K	59.32K
Total Liabilities	580.62K	653.15K	871.22K	1.44M	655.49K	267.86K
Stockholders Equity	47.14M	46.99M	47.40M	43.28M	24.35M	19.24M
Cash Flow
Free Cash Flow	-4.28M	-3.86M	-6.00M	-12.05M	-4.46M	-3.22M
Operating Cash Flow	-594.97K	-736.91K	-23.66K	-1.07M	-1.04M	-554.61K
Investing Cash Flow	1.57M	-3.08M	-760.19K	-11.18M	-3.42M	1.84M
Financing Cash Flow	-54.94K	-59.98K	-55.05K	19.68M	6.08M	-81.76K

Galileo Mining Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GAL, the sentiment is Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.20, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 59.72 is Neutral, neither overbought nor oversold. The STOCH value of 77.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GAL.

Galileo Mining Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GAL	53 Neutral	AU$53.36M	-45.76	-2.46%	―	―	-134.50%
LGM	49 Neutral	AU$42.02M	-12.07	-20.13%	―	―	-241.18%
SUH	48 Neutral	AU$23.56M	-8.42	-108.41%	―	―	36.67%
COB	44 Neutral	AU$46.71M	-5.63	-18.74%	―	―	85.44%
MRC	40 Underperform	AU$25.60M	―	―	―	―	―
G6M	37 Underperform	AU$25.10M	-1.07	―	―	71.37%	82.48%

Galileo Mining Ltd. Corporate Events

Galileo Mining Denies Undisclosed News Behind Share Price Surge

Galileo Mining has told the ASX it is not aware of any undisclosed information that could explain recent sharp movements in its share price and trading volumes, confirming it remains in full compliance with continuous disclosure obligations. The company suggested the rally may instead reflect improved market sentiment toward palladium, platinum and gold explorers with quality assets such as its Norseman Project, as well as renewed investor interest in lithium stocks, which could be benefiting its lithium exploration joint venture with Mineral Resources, but stressed it has no material new information to release at this time and that its board has approved the response to the exchange.

The most recent analyst rating on (AU:GAL) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Galileo Mining Ltd. stock, see the AU:GAL Stock Forecast page.

Galileo Mining Maintains Strong Cash Position Amid Increased Exploration Spend

Galileo Mining reported a modest positive operating cash flow of A$30,000 for the December 2025 quarter, with interest income and government grants offsetting staff and corporate costs. The company invested A$664,000 in exploration and evaluation during the quarter but was able to partially fund this through A$1 million received from farm-in and joint venture lithium rights over its tenements, resulting in net investing cash inflows of A$336,000 and leaving quarter-end cash and equivalents at A$9.1 million. Overall cash movements for the quarter were relatively stable, with limited financing activity and lease payments of A$16,000, suggesting Galileo remains well funded for ongoing exploration while leveraging partnerships to support its project pipeline.

The most recent analyst rating on (AU:GAL) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Galileo Mining Ltd. stock, see the AU:GAL Stock Forecast page.

Galileo Mining Strengthens Cash Position as Norseman Exploration Advances

Galileo Mining reported a strong financial position at the end of December 2025, with approximately A$9.1 million in cash, bolstered by a A$1 million tranche-2 payment from joint venture partner Mineral Resources under the Norseman Lithium Farm-In and Joint Venture. While the final A$1.5 million JV payment remains outstanding, the temporary suspension of the full JV allows Mineral Resources to carry out low-impact, self-funded exploration, preserving Galileo’s funding flexibility and maintaining momentum at Norseman.

Operationally, Galileo advanced its 100%-owned Norseman Project with high-grade gold and PGE hits from aircore drilling at the Mission Sill prospect, confirming a more than 10km prospective Eastern Contact Zone, and completed a 2,000m RC drilling program targeting PGE and gold at Mission Sill, Jimberlana South and Callisto North, with assays due in late January to early February. A large-scale gravity survey of over 3,000 stations was also completed to sharpen geological models and refine drill targets for 2026, while a technical review of its 67%-owned Fraser Range JV continued, positioning the company to prioritise new exploration campaigns and strengthen its role in an emerging mineral district of considerable scale.

The most recent analyst rating on (AU:GAL) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Galileo Mining Ltd. stock, see the AU:GAL Stock Forecast page.

Galileo Mining Initiates New Drilling Program at Norseman Project

Galileo Mining Ltd has commenced a 2,000-meter RC drilling program at its Norseman project in Western Australia, targeting high-priority areas for Platinum Group Elements and gold. The program aims to build on previous positive results and expand the current JORC resource, with laboratory assay results expected six weeks after completion. This initiative underscores the company’s strategic focus on enhancing its resource base and exploring the potential of the underexplored mineral belt, which could significantly increase its resource endowment.

Galileo Mining Updates Lithium Joint Venture with Mineral Resources

Galileo Mining Ltd has received a $1.0m payment under its Lithium Farm-In and Joint Venture Agreement with Mineral Resources Ltd. The agreement has been updated to include a two-year suspension of the Earn-In Period, during which Mineral Resources can conduct non-invasive exploration activities. The Earn-In Period can be restarted with a $1.5m payment, requiring Mineral Resources to spend $12.5m to increase its stake to 55%. This adjustment allows flexibility in exploration while maintaining the potential for increased investment and development in the lithium sector.

Galileo Mining Launches Gravity Survey at Norseman Project

Galileo Mining Ltd has commenced a large-scale geophysical gravity survey at its Norseman project, aiming to enhance the understanding of geological structures related to palladium-gold-platinum mineralization. The survey is expected to conclude in November, with results anticipated by December or January. This initiative follows the discovery of the 17.5 Mt Callisto PGE-nickel-copper deposit in 2022, highlighting the area’s untapped potential. The company is also preparing for a follow-up drilling program at the Mission Sill prospect, targeting high-grade gold-palladium results. These efforts underscore Galileo’s commitment to unlocking further mineral potential in this underexplored region, which could significantly impact its operational capabilities and industry standing.