Galileo Mining Ltd. (AU:GAL)
ASX:GAL
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Galileo Mining Ltd.
(Sydney:GAL)
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Rating:45Neutral
Price Target:
AU$0.16
▼(-22.00% Downside)
Action:ReiteratedDate:03/17/26
The score is driven primarily by weak operating fundamentals and cash-flow negativity despite a strong, low-debt balance sheet. Technicals reinforce the caution, with price trading below key moving averages and negative momentum indicators. Valuation is also challenged by a negative P/E and no dividend yield provided.
Positive Factors
Low leverage
Extremely low debt provides durable financial flexibility: with virtually no leverage the company can pursue exploration and technical studies without major interest burdens, lowering bankruptcy risk and enabling project funding choices over the next several months without immediate refinancing pressure.
Negative Factors
Persistent cash burn
Consistent negative operating and free cash flow means the business cannot internally fund exploration or project advancement. Over 2–6 months this raises financing and dilution risks, constrains sustained programs, and increases execution risk if equity or debt markets are inaccessible or costly.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Extremely low debt provides durable financial flexibility: with virtually no leverage the company can pursue exploration and technical studies without major interest burdens, lowering bankruptcy risk and enabling project funding choices over the next several months without immediate refinancing pressure.
Read all positive factors
Galileo Mining Ltd. (GAL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$30.63M
Dividend YieldN/A
Average Volume (3M)464.60K
Price to Earnings (P/E)―
Beta (1Y)1.42
Revenue GrowthN/A
EPS Growth-134.50%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding197,624,920
10 Day Avg. Volume506,679
30 Day Avg. Volume464,598
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)0.48
Price to Sales (P/S)39.83
P/FCF Ratio-5.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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...
How the Company Makes Money
null...
Galileo Mining Ltd. Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
78
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 568.15K | 5.00M | 0.00 | 3.17K | 68.50K |
| Gross Profit | -85.02K | 568.15K | -82.23K | -68.21K | -67.04K | -16.63K |
| EBITDA | -1.66M | -1.07M | 3.46M | -1.46M | -1.12M | -603.11K |
| Net Income | -649.92K | -1.16M | 3.37M | -1.53M | -1.19M | -688.24K |
Balance Sheet | ||||||
| Total Assets | 48.18M | 47.65M | 48.27M | 44.71M | 25.01M | 19.51M |
| Cash, Cash Equivalents and Short-Term Investments | 9.10M | 9.74M | 13.62M | 14.46M | 7.02M | 5.40M |
| Total Debt | 99.92K | 131.28K | 0.00 | 55.05K | 111.76K | 59.32K |
| Total Liabilities | 540.25K | 653.15K | 871.22K | 1.44M | 655.49K | 267.86K |
| Stockholders Equity | 47.64M | 46.99M | 47.40M | 43.28M | 24.35M | 19.24M |
Cash Flow | ||||||
| Free Cash Flow | -1.61M | -3.86M | -6.00M | -12.05M | -4.46M | -3.22M |
| Operating Cash Flow | -148.93K | -736.91K | -23.66K | -1.07M | -1.04M | -554.61K |
| Investing Cash Flow | -2.02M | -3.08M | -760.19K | -11.18M | -3.42M | 1.84M |
| Financing Cash Flow | -61.80K | -59.98K | -55.05K | 19.68M | 6.08M | -81.76K |
Galileo Mining Ltd. Technical Analysis
Negative
0.20
Price Trends
0.22
Negative
0.20
Negative
0.19
Negative
Market Momentum
-0.02
Negative
33.65
Neutral
61.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GAL, the sentiment is Negative. The current price of 0.2 is above the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.22, and above the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 33.65 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GAL.
Galileo Mining Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | AU$25.10M | -352.11 | 74.51% | ― | 71.37% | 82.48% | |
45 Neutral | AU$30.63M | -67.75 | -1.37% | ― | ― | -134.50% | |
45 Neutral | AU$38.02M | -10.66 | -13.50% | ― | ― | -241.18% | |
44 Neutral | AU$43.79M | -1.48 | -25.04% | ― | ― | 85.44% | |
42 Neutral | AU$18.41M | -24.16 | -108.69% | ― | ― | 36.67% | |
40 Underperform | AU$25.60M | ― | -227.69% | ― | ― | ― |
* Basic Materials Sector Average
AU:GAL
Galileo Mining Ltd.
0.16
0.04
29.17%
AU:COB
Cobalt Blue Holdings
0.08
0.02
38.89%
AU:MRC
Mineral Commodities Ltd
0.03
0.00
0.00%
AU:G6M
Group 6 Metals Limited
2.50
0.00
0.00%
AU:LGM
Legacy Minerals Holdings Ltd.
0.19
-0.04
-17.39%
AU:SUH
Southern Hemisphere Mining Limited
0.03
>-0.01
-3.85%
Galileo Mining Ltd. Corporate Events
Galileo Mining Highlights New PGE Sulphide Zones at Norseman Mission Sill
Mar 18, 2026
Galileo Mining has reported new reverse circulation drill results from the Mission Sill prospect at its Norseman project, showing consistent zones of anomalous palladium, platinum, copper and nickel sulphide mineralisation in fresh rock. The disse...
Galileo Mining Starts Deep Diamond Drilling Beneath Callisto PGE Resource
Feb 26, 2026
Galileo Mining has commenced a deep diamond core drilling program at its 17.5 million tonne Callisto PGE-nickel-copper resource within the Norseman project, aiming to test for deeper, stacked lodes beneath the thickest section of existing minerali...
Galileo Mining Confirms Shallow PGE Mineralisation at Norseman and Targets Deeper Callisto Potential
Feb 2, 2026
Galileo Mining has reported reverse circulation drilling results from its Norseman project that confirm shallow, anomalous palladium-platinum-gold mineralisation at the Mission Sill prospect, with multiple broad intersections above 0.4 g/t 3E and ...
Galileo Mining Denies Undisclosed News Behind Share Price Surge
Jan 20, 2026
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 c...
Galileo Mining Maintains Strong Cash Position Amid Increased Exploration Spend
Jan 20, 2026
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 ...
Galileo Mining Strengthens Cash Position as Norseman Exploration Advances
Jan 20, 2026
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...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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