Galileo Mining Ltd

Galileo Mining Ltdverified

GAL.AX

Price:

$0.155

Market Cap:

$30.63M

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.[Read more]

Industry

Industrial Materials

IPO Date

2018-05-29

Stock Exchange

ASX

Ticker

GAL.AX

The Current Ratio as of January 2025 (TTM) for Galileo Mining Ltd (GAL.AX) is 17.43

According to Galileo Mining Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 17.43. This represents a change of -21.35% compared to the average of 22.16 of the last 4 quarters.

Galileo Mining Ltd (GAL.AX) Historical Current Ratio (quarterly & annually)

How has GAL.AX Current Ratio performed in the past?

The mean historical Current Ratio of Galileo Mining Ltd over the last ten years is 19.69. The current 17.43 Current Ratio has changed 8.75% with respect to the historical average. Over the past ten years (40 quarters), GAL.AX's Current Ratio was at its highest in in the June 2018 quarter at 63.25. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

19.69

Median

17.43

Minimum

0.00

Maximum

63.25

Galileo Mining Ltd (GAL.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Galileo Mining Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 702.75%

Maximum Annual Current Ratio = 63.25

Minimum Annual Increase = -58.89%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
202417.4360.67%
202310.85-15.87%
202212.89-44.01%
202123.03-3.18%
202023.78-8.54%
201926.00-58.89%
201863.25702.75%
20170.01772.14%

Galileo Mining Ltd (GAL.AX) Average Current Ratio

How has GAL.AX Current Ratio performed in the past?

The current Current Ratio of Galileo Mining Ltd (GAL.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

13.72

5-year avg

17.60

10-year avg

19.69

Galileo Mining Ltd (GAL.AX) Current Ratio vs. Peers

How is GAL.AX’s Current Ratio compared to its peers?

Galileo Mining Ltd’s Current Ratio is greater than Pursuit Minerals Limited (5.62), greater than Euro Manganese Inc. (4.61), greater than Minbos Resources Limited (3.33), greater than Tempus Resources Limited (0.52), less than Province Resources Limited (38.52),

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