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Galan Lithium Limited
(Sydney:GLN)
Galan Lithium Limited (GLN) vs. iShares MSCI Australia ETF (EWA)
Galan Lithium Limited Business Overview & Revenue Model
Galan Lithium Limited Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 941.00 | 941.00 | 3.62K | 0.00 | 2.51K | 0.00 |
| Gross Profit | 941.00 | -255.17K | -169.28K | -15.37K | 439.00 | -2.87K |
| EBITDA | -9.20M | -8.66M | -7.44M | -4.56M | -2.85M | -2.45M |
| Net Income | -10.50M | -9.51M | -7.62M | -5.08M | -907.89K | -2.26M |
Balance Sheet | ||||||
| Total Assets | 211.30M | 174.26M | 128.04M | 90.12M | 39.10M | 21.25M |
| Cash, Cash Equivalents and Short-Term Investments | 3.61M | 4.33M | 45.15M | 53.89M | 15.57M | 1.65M |
| Total Debt | 528.90K | 605.72K | 749.43K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 22.01M | 14.42M | 11.59M | 3.26M | 754.28K | 480.09K |
| Stockholders Equity | 189.29M | 159.84M | 116.45M | 86.86M | 38.35M | 20.77M |
Cash Flow | ||||||
| Free Cash Flow | -75.53M | -77.52M | -36.33M | -11.75M | -3.70M | -5.84M |
| Operating Cash Flow | -2.85M | -2.78M | -1.91M | -2.02M | -1.49M | -1.66M |
| Investing Cash Flow | -71.40M | -74.91M | -36.73M | -10.58M | -2.24M | -4.18M |
| Financing Cash Flow | 61.91M | 36.87M | 29.89M | 50.93M | 17.65M | 4.91M |
Galan Lithium Limited Technical Analysis
Galan Lithium Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | $3.94B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
51 Neutral | $161.61M | ― | -17.81% | ― | 87.89% | -344.44% | |
51 Neutral | $186.44M | ― | -21.25% | ― | -70.50% | 62.71% | |
48 Neutral | €91.01M | ― | -6.71% | ― | ― | 23.72% | |
46 Neutral | $4.01B | 23.42 | -1.04% | ― | -65.07% | -102.37% | |
45 Neutral | $45.84M | ― | -19.25% | ― | ― | 65.04% | |
44 Neutral | C$958.62M | -6.68 | -13.31% | 2.80% | 17.55% | -32.28% |
Galan Lithium Limited Corporate Events
Galan Lithium Limited has announced a proposed issue of securities, including 90,909,091 options with a $0.15 exercise price and a three-year expiry, along with 181,818,182 fully paid ordinary shares. This move is aimed at raising capital to support the company’s operations and strategic initiatives, potentially strengthening its position in the lithium market and benefiting stakeholders by enhancing its financial flexibility.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has secured a A$20 million placement from The Clean Elements Fund to fund the final construction of Phase 1 of its Hombre Muerto West project in Argentina. This strategic investment, priced at a premium, underscores the project’s potential and positions Galan to commence lithium chloride production in H1 2026, enhancing its market positioning amid challenging economic conditions.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited announced a change in the director’s interest, specifically regarding Terry Gardiner’s securities. The change involved the acquisition of 780,000 service rights, as approved by shareholders, impacting the director’s holdings and potentially influencing the company’s governance and strategic direction.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited announced the issuance of 4,340,000 unquoted service rights under an employee incentive scheme. This move is part of the company’s strategy to incentivize its workforce, potentially enhancing its operational capabilities and market positioning in the competitive lithium sector.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited announced the issuance of 2,173,364 unquoted performance rights as part of an employee incentive scheme. This move is indicative of the company’s strategy to align employee interests with its growth objectives, potentially enhancing its operational efficiency and market competitiveness.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has announced the issuance of 3,314,691 unquoted securities in the form of STI performance rights as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company performance, potentially enhancing operational efficiency and stakeholder value in the competitive lithium market.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has announced the issuance of 700,000 new unquoted equity securities as part of an employee incentive scheme. This move is likely aimed at motivating and retaining talent within the company, potentially strengthening its operational capabilities and positioning in the competitive lithium market.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has announced the issuance of 3,045,436 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of previously announced transactions, potentially impacting the company’s market positioning by increasing its capital base, which could enhance its operational capabilities and appeal to investors.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited announced the results of its Share Purchase Plan (SPP), which closed on June 6, 2025. The company successfully raised $335,000 through the issuance of 3,045,436 new shares. This development reflects the company’s ongoing efforts to strengthen its financial position and support its strategic initiatives in the lithium market.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited announced that all resolutions presented at its General Meeting were successfully passed. This includes the ratification and approval of several share placements and director participation, which are expected to enhance the company’s capital structure and support its strategic initiatives in the lithium market.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited announced a change in the director’s interest, with Terry Gardiner acquiring an additional 90,000 fully paid ordinary shares through on-market trades. This change reflects a slight increase in Gardiner’s direct holdings, potentially signaling confidence in the company’s future prospects and stability in the lithium market.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has issued 9,090,910 fully paid ordinary shares as part of a placement announced in April 2025. This issuance, conducted without disclosure under the Corporations Act, allows the shares to be sold under an exemption, potentially impacting the company’s market liquidity and investor interest.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has announced the quotation of 9,090,910 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of May 27, 2025. This move is part of a previously announced transaction and could enhance the company’s liquidity and market presence, potentially impacting its operational capabilities and stakeholder interests positively.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has released a revised investor presentation, updating the expected commissioning date of its NF plant at HMW to the second half of 2025. This update reflects the company’s ongoing efforts to keep stakeholders informed and may impact its operational timelines and strategic planning.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has announced the results of its Definitive Feasibility Studies (DFS) for the Hombre Muerto West Lithium Brine Project in Argentina. The studies confirm the project’s Tier One status, with a significant increase in mineral resources and ore reserves. The company highlights the economic viability of the project, although it notes that further steps and funding are required to bring the project into production. The outcomes are based on certain economic assumptions, and any changes in these assumptions could impact the project’s financial results.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has announced an update regarding the proposed issue of securities under a securities purchase plan. The update specifies that the quotation date for the SPP shares is set for June 13, 2025. This development is part of the company’s strategic efforts to enhance its capital structure, potentially impacting its market position and offering stakeholders an opportunity to participate in its growth trajectory.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has announced an update to its proposed securities issue under a securities purchase plan, revising the timetable for the offer closure and issue dates. This adjustment in the schedule could impact the company’s capital-raising efforts and its strategic positioning in the lithium market, potentially affecting stakeholders’ expectations.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited has announced an extension of its Share Purchase Plan (SPP) offer, moving the closing date from 22 May 2025 to 6 June 2025. This decision allows eligible shareholders additional time to participate in the capital raising initiative, subscribing for shares at $0.11 each, and aligns with the company’s general meeting on 5 June 2025.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.51 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited announced a change in the director’s interest, with Terry Gardiner acquiring an additional 100,000 fully paid ordinary shares through on-market trades. This change reflects the director’s increased stake in the company, potentially signaling confidence in the company’s future prospects and aligning with its strategic focus on lithium production.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
Galan Lithium Limited announced the issuance of 6,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, thereby impacting its operational capabilities and stakeholder interests.
Galan Lithium Limited announced that Latam Resources Pty Limited has ceased to be a substantial holder in the company as of April 28, 2025. This change occurred due to a dilution of Latam Resources’ shares following an increase in Galan’s issued share capital, affecting 42,835,724 ordinary shares. This development may impact Galan’s shareholder structure and could influence its market positioning and stakeholder interests.
Galan Lithium Limited announced a correction to a previously released Change in Director’s Interest Notice, clarifying that Director Terry Gardiner acquired 90,000 shares instead of the initially reported 100,000 shares. This administrative update does not alter any other details of the notice and reflects a minor adjustment in the director’s shareholding, ensuring transparency and accuracy in the company’s reporting.
Galan Lithium Limited has announced a General Meeting of its shareholders scheduled for June 5, 2025, in West Perth, WA. The company is encouraging shareholders to lodge proxy forms in advance and to submit questions prior to the meeting to facilitate efficient management responses. The meeting will be conducted in compliance with relevant corporate governance regulations, and all resolutions will be decided by a poll.
Galan Lithium Limited has announced an update to its securities purchase plan (SPP), revising key dates for the offer. The offer documents will now be available to investors starting May 2, 2025, with the offer closing on May 23, 2025, and the issue date set for May 29, 2025. This update reflects adjustments in the company’s capital raising strategy, potentially impacting its financial operations and market positioning.
Galan Lithium Limited has announced a Share Purchase Plan Offer, allowing eligible shareholders to purchase additional shares at a discounted rate without incurring brokerage and transaction costs. This initiative is designed to provide shareholders with an opportunity to increase their investment in the company, potentially enhancing their returns as Galan Lithium continues to focus on its lithium projects, which are pivotal in the expanding electric vehicle and battery technology markets.
Galan Lithium Limited announced a successful placement of approximately $13 million to institutional and professional investors through the issuance of ordinary shares. Additionally, the company is offering a Share Purchase Plan to existing shareholders to raise around $4 million, aligning with regulatory guidelines and enhancing shareholder value.
Galan Lithium Limited has issued 99,832,755 fully paid ordinary shares as part of a placement announced earlier in April 2025. This issuance allows the shares to be sold under an exemption in the Corporations Act, potentially enhancing liquidity and providing the company with additional capital to support its operations and strategic initiatives.
Galan Lithium Limited has announced the application for quotation of 99,832,755 fully paid ordinary securities on the ASX, as part of a previously announced transaction. This move is expected to enhance the company’s capital structure and potentially improve its market positioning, benefiting stakeholders by supporting the company’s growth initiatives in the lithium sector.
Galan Lithium Limited has secured funding and offtake agreements for its Hombre Muerto West Project, a significant lithium brine development in Argentina. The company has completed Definitive Feasibility Studies for the project, confirming its economic viability and Tier One status. However, the project still requires several key steps to commence production, and the company acknowledges potential risks related to funding and economic variables that could impact expected outcomes.
Galan Lithium Limited has announced the lifting of its trading suspension following the release of a definitive Offtake Agreement and a capital raise. This development is expected to enhance the company’s operational capabilities and strengthen its market position, potentially benefiting stakeholders by ensuring a steady supply of lithium and securing necessary funding for future projects.
Galan Lithium Limited announced a proposed issue of 121,469,120 ordinary fully paid securities, with the issuance date set for April 28, 2025. This move is part of the company’s strategy to enhance its financial position and support its ongoing projects, potentially strengthening its market presence and offering growth opportunities for stakeholders.
Galan Lithium Limited has announced a proposed issue of 36,363,636 ordinary fully paid securities under a securities purchase plan. This move is aimed at raising capital and potentially enhancing the company’s market position in the lithium industry, which is crucial for stakeholders interested in the growing demand for lithium in battery production.
Galan Lithium Limited has secured a binding funding package with USA-based Authium Limited to support the initial production phase of its Hombre Muerto West project in Argentina. The agreement includes the sale of 45,000 tonnes of lithium chloride concentrate over 6 to 12 years and a US$6 million prepayment for lithium supply. Authium will fund and operate the processing technology at HMW, significantly reducing Galan’s capital and operating costs. This partnership positions Galan to commence lithium production by the first half of 2026, enhancing its operational efficiency and market positioning.
Galan Lithium Limited (GLN) recently responded to an ASX Aware Letter regarding a Proposal Offer it received and subsequently rejected. The company disclosed the Proposal Offer in a 708A Notice, considering it as ‘excluded information’ necessary for investors to make informed decisions about GLN’s financial position. Despite the Proposal Offer being confidential, non-binding, and indicative, GLN decided to disclose it to ensure market transparency and compliance with regulatory obligations.
Galan Lithium Limited has requested a voluntary suspension of its securities from the Australian Securities Exchange pending an announcement about a definitive Offtake Agreement and a capital raise. This move indicates strategic developments that could impact the company’s financial positioning and market operations, potentially influencing stakeholders and its standing in the lithium industry.
Galan Lithium Limited has requested a trading halt on its securities pending an announcement regarding a definitive Offtake Agreement and capital raise. This move indicates potential strategic developments that could impact the company’s market position and stakeholder interests, highlighting its proactive approach in securing future growth opportunities.
Galan Lithium Limited has issued 5,700,000 fully paid ordinary shares under an At-The-Market Subscription Deed, facilitating their on-sale without disclosure under specific exemptions. Additionally, the company received and rejected a US $150 million acquisition proposal from Zhejiang Huayou Cobalt Co., Ltd and the Renault Group, deeming it undervalued and opportunistic. Galan’s board anticipates more favorable outcomes through ongoing offtake and financing arrangements for its Hombre Muerto West project.
Galan Lithium Limited announced the issuance of 5,700,000 ordinary fully paid shares as replacement collateral to Acuity Capital Investments Pty Ltd under an At-The-Market Subscription Deed. This move is part of the company’s strategic financial arrangements, potentially impacting its liquidity and market positioning by enhancing its capital structure.
Galan Lithium Limited has successfully raised $575,000 through its At-the-Market Subscription Agreement with Acuity Capital by issuing 5,700,000 fully paid ordinary shares at a price of $0.101 per share. This capital raise, which was executed at an 8.2% discount to the 15-day VWAP, will be directed towards enhancing the company’s working capital, potentially strengthening its operational capabilities and market position within the lithium sector.