Galileo Mining Ltd

Galileo Mining Ltdverified

GAL.AX

Price:

$0.18

Market Cap:

$35.57M

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.

Industry

Industrial Materials

IPO Date

2018-05-29

Stock Exchange

ASX

Ticker

GAL.AX

The Current Ratio as of December 2025 (TTM) for Galileo Mining Ltd (GAL.AX) is 17.22

According to Galileo Mining Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 17.22. This represents a change of -27.72% compared to the average of 23.83 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 19.45. The current 17.22 Current Ratio has changed 8.76% 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 December 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

19.45

Median

17.33

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 = -65.00%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
202517.22-1.18%
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%
20160.00-65.00%

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, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

15.17

5-year avg

16.28

10-year avg

19.45

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 Lefroy Exploration Limited (3.89), greater than Legacy Minerals Holdings Limited (8.57), greater than Cobre Limited (0.77), greater than S2 Resources Ltd (4.65), greater than American West Metals Limited (2.68), greater than RareX Limited (2.84), greater than Minbos Resources Limited (4.73), greater than Red Metal Limited (6.89), greater than Neometals Ltd (9.92), greater than Cauldron Energy Limited (2.59),

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