galileo mining top 20 shareholders

Oct 21, 2023

Galileo Mining Share Price - ASX:GAL Stock Research | Stockopedia Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Meanwhile, private companies make up 30% of the companys shareholders. In terms of relative price strength the Galileo Mining share price has has decreased from 36% to 12% over the past year, but is still higher than 75% of Australian stocks. WebGalileo Mining listed on the ASX in May 2018, raising $15 million in IPO funding. SMARTER, HAPPIER, AND RICHER. Share Registry. Have feedback on this article? Our data indicates that Private Companies hold 30%, of the company's shares. Any information that you receive via FT.com is at best delayed intraday data and not "real time". Earnings have declined by 3.9% per year over past 5 years, Volatile share price over the past 3 months, Shareholders have been diluted in the past year, Capture your thoughts, links and company narrative. Return vs Market: GAL exceeded the Australian Market which returned -5.5% over the past year. Shares in the base metals explorer are skyrocketing today. Galileo Mining Data delayed at least 20 minutes, as of May 01 2023 07:10 BST. See our Cookie Policy for more information. This can be negative in some circumstances. Monica has a keen interest in finance and the share market and enjoys exploring the highs and lows. Mark Creasy has upped his stake in Galileo Mining after its big Callisto palladium discovery last week. Lets take a look at what Galileo Mining announced today. Bronwyn Allen. Postal Address: PO Box 415 West Perth WA 6872 P: +61 (0) 8 9324 2099 F: +61 (0) 8 9321 2337 E: info@galileomining.com.au W: www.galileomining.com.au. To advertise email advertising@creamermedia.co.za or click here, Mining Weekly is a product of Creamer Media.www.creamermedia.co.za, Other Creamer Media Products include:Engineering NewsResearch Channel AfricaPolity, Sign up for our FREE daily email newsletter Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Stable Share Price: GAL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week. Strictly necessary cookies relate to our hosting environment, and functional cookies are used to facilitate social logins, social sharing and rich-media content embeds. May 1, 2023 | The Motley Fool Australia has no position in any of the stocks mentioned. When not writing for Motley Fool Australia, Monica enjoys travel, sport, music, and likes to play the violin in her spare time. Creamer Media Senior Deputy Editor: Australasia, ARTICLE ENQUIRY 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. The morning catch up: Markets finish April on a high ahead of rate Legend Mining eclipses nominal 2021 budget by completing 11,000 Legend Mining welcomes major shareholder support in Legend Mining lauds decade in the making drill program at Octagonal. Galileo Mining Ltd (ASX:GAL) s Brad Underwood speaks with Proactive s Elisha Newell about the $20.4 million the company has just raised to accelerate its exploration programs across its assets as it looks to aggressively explore the significant new palladium province within its Norseman Project area. We look forward to updating the market with results from this exciting new West Australian discovery., Edited by: Creamer Media Reporter EMAIL THIS ARTICLE SAVE THIS ARTICLE The Galileo Mining Ltd ( ASX: GAL) share price is soaring today on the back of a major discovery. Ltd. is currently the company's largest James Mickleboro. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. Shareholder Information - Galileo Mining Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. This discovery is being mined by successful nickel-copper-gold-zinc-silver producer IGO Group which also has interests in other companies active in the region. Galileo Mining Ownership - Simply Wall St Lessons from the Masters: Where is super prospector Mark Company Buyback. Galileo Mining (ASX:GAL) sees increasing grades at Callisto discovery, WA Galileo Mining (GAL) has recorded increasing palladium, nickel and copper grades at Carolyn Rebeiro 04 January 2023 10:58 (AEST) 783 views 2 minute read ASX News Materials Galileo Mining (ASX:GAL) strikes high-grade nickel sulphide at Callisto, WA All Rights Reserved - Proactive Australia PTY LTD ACN:132787654 ABN:19132787654. Ownership Breakdown Dilution of Shares: Shareholders have been diluted in the Goldman Sachs says these are the lithium shares to buy due to a 'game changing' technology. Macquarie says buy Santos shares now for 40% upside, The Galileo Mining share price is surging 150% today, The company has discovered major palladium, platinum, gold, copper, and nickel mineralisation, Galileo is exploring its 100% owned Norseman project in Western Australia, 6 metres at 2.21 g/t palladium, 0.37 g/t platinum, 0.11 g/t gold, 0.41% copper and 0.36% nickel from 159 metres, 1 metre at 2.66 g/t palladium, 0.41 g/t platinum, 0.14 g/t gold, 0.48% copper and 0.46% nickel from 176 metres. Get in touch with us directly. It also reflects the success Legend had has with its systematic approach to exploration which has resulted in a string of impressive results, including recently from the Mawson discovery. WebGalileo Mining Ltd is an Australia-based mining and exploration company. Legendary explorer Mark Creasy is Galileo Minings biggest shareholder with nearly 25 per cent of the company. Substantial Shareholders A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Some 170-million shares will be placed, at a price of A$1.20 a share under Galileos existing placement capacity. Win at Retirement Sign Up for Take Stock NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. EMAILTHISARTICLE. On Legends Top 20 shareholder list Creasy Group is at the top with a 26.66% holding in Legend while IGO Ltd is second with a 14.12% stake. Galileo Mining Ltd is an Australia-based mining and exploration company. This holding is probably worth investigating further. With 17% and 6.5% of the shares outstanding respectively, IGO Limited and Yandal Investments Pty Ltd are the second and third largest shareholders. Galileo Mining Ltd (GAL.AX) - Yahoo! Currency figures normalised to Galileo Mining Ltd's reporting currency: Australian Dollar AUD, Create detailed alerts and get notified the moment an event happens, See how trades would have performed from years past or start from the present, Download PDF copies of reports from the newspaper markets data page, View the performance of global markets and browse news items by region, Find companies based on country, sector, and other equity characteristics, View funds that move the market, screen for funds and read relevant news, All markets data located on FT.com is subject to the. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. Galileo Mining Ltd Follow Mineral exploration. James Mickleboro. The companys shares are currently trading at 50 cents apiece, a 150% gain. Phone: (03) 8592 4841 The placement will increase Galileos total cash balance to around $26.5 million. Top 20 Shareholders See our latest analysis for Galileo Mining. In addition, we are waiting for the assay results from the first four drill holes of the present drill program which are expected to be returned from the laboratory shortly. We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. IGO and mining billionaire Mark Creasy are expected to cornerstone WA cobalt and nickel explorer Galileo Minings share placement. In addition, we found that Richard Underwood, the CEO has 4.4% of the shares allocated to their name. Galileo Mining Ltd is an Australia-based mining and exploration company. That is, insiders Galileo Mining ASX:GAL Stock Report - Simply Wall St Our most recent data indicates that insiders own some shares in Galileo Mining Ltd. The energy sector lifted the market to a green finish today, with all four of the, Perenti (ASX:PRN) has secured a new five-year contract with mining giant and NYSE-listed Newmont at the, Almonty (ASX:AII) has continued construction works at its Sangdong tungsten mine in South Korea, with the, Peak Rare Earths (ASX:PEK) has tapped investors for $27.5 million to develop its Ngualla rare earth, Be the first with the news that moves the market, Arcadia Minerals (ASX:AM7) strikes sulphide copper and gold at Gamikaub, Namibia, Australian Strategic Materials (ASX:ASM) strikes feedstock supply deal with Vietnam Rare Earth Company, Santos (ASX:STO) faces fresh delay over sale of 5pc stake in PNG LNG project, Triton Minerals (ASX:TON) pockets $5m Shandong Yulong investment for Ancuabe graphite project, Everest Metals (ASX:EMC) finds fresh pegmatite targets through geophysical survey at Mt Edon, WA, Halo Food Co (ASX:HLF) secures multi-million dollar deal with Fonterra, ROOTS SUSTAINABLE AGRICULTURAL TECHNOLOGIES LTD, Galileo Mining (GAL) raises $20.4 million for the Callisto palladium-nickel discovery within the Norseman project in WA, The placement closed oversubscribed with cornerstone investments by major shareholders Mark Creasy and IGO, Galileo Mining is using the funds to expand drilling at the new discovery and for drilling at the Mission Sill and Jimberlana prospects, The placement will increase Galileos total cash balance to around $26.5 million, Galileo is up 1.13 per cent and trading at $1.31 per share at 11:22 am AEST.