How to buy Galilee Energy shares | A$0.74

Galilee Energy Limited is an oil & gas e&p business based in Australia. Galilee Energy shares (GLL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.74 – an increase of 1.37% over the previous week. Galilee Energy has a trailing 12-month revenue of around $98,000.

How to buy shares in Galilee Energy

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Galilee Energy . Find the share by name or ticker symbol: GLL. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Galilee Energy reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.74, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Galilee Energy . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Galilee Energy 's share price?

Since the stock market crash in March caused by coronavirus, Galilee Energy 's share price has had significant positive movement.

Its last market close was $0.74, which is 11.49% up on its pre-crash value of $0.655 and 124.24% up on the lowest point reached during the March crash when the shares fell as low as $0.33.

If you had bought $1,000 worth of Galilee Energy shares at the start of February 2020, those shares would have been worth $616.67 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,233.34.

Galilee Energy share price

Use our graph to track the performance of GLL stocks over time.

Galilee Energy shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.74
52-week range	AUDA$0.31 - AUDA$1.02
50-day moving average	AUDA$0.6964
200-day moving average	AUDA$0.564
Target price	AUDA$1.11
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.053

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Galilee Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Galilee Energy Limited by TradingView

Galilee Energy price performance over time

Historical closes compared with the close of A$0.74 on 2020-10-22

1 week (2020-10-16)	1.37%
1 month (2020-09-25)	-5.13%
3 months (2020-07-24)	30.97%
6 months (2020-04-24)	72.09%

1 year (2019-10-24)	-24.49%
2 years (2018-10-24)	17.46%
3 years (2017-10-24)	338.91%
5 years (2015-10-23)	496.77%

Galilee Energy financials

Revenue TTM	$98,000
Gross profit TTM	$98,000
Return on assets TTM	-60.67%
Return on equity TTM	-121.83%
Profit margin	0%
Book value	0.066
Market capitalisation	$203.6 million

TTM: trailing 12 months

Galilee Energy share dividends

We're not expecting Galilee Energy to pay a dividend over the next 12 months.

Have Galilee Energy 's shares ever split?

Galilee Energy 's shares were split on 2 June 2009.

Galilee Energy share price volatility

Over the last 12 months, Galilee Energy 's shares have ranged in value from as little as $0.31 up to $1.02. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Galilee Energy 's is -0.2765. This would suggest that Galilee Energy 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Galilee Energy has bucked the trend.

Galilee Energy overview

Galilee Energy Limited, through its subsidiaries, engages in the exploration and production of oil and gas properties in Australia, the United States, and Chile. It primarily explores for coal seam gas. The company's flagship project is the Glenaras gas project located within the ATP 2019 permit, which covers an area of approximately 4000 square kilometers in western Queensland's Galilee Basin. Galilee Energy Limited was incorporated in 1994 and is based in Brisbane, Australia.

Frequently asked questions

• What percentage of Galilee Energy is owned by insiders or institutions?

  Currently 38.656% of Galilee Energy shares are held by insiders and 0.086% by institutions.

• When does the fiscal year end for Galilee Energy ?

  Galilee Energy 's fiscal year ends in June.

• Where is Galilee Energy based?

  Galilee Energy 's address is: 167 Eagle Street, Brisbane, QLD, Australia, 4000

• What is Galilee Energy 's ISIN number?

  Galilee Energy 's international securities identification number is: AU000000GLL4