How to buy Galileo Mining shares | A$0.255

Galileo Mining Ltd is an other industrial metals & mining business based in Australia. Galileo Mining shares (GAL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.255 – the same closing value as a week prior. and has a market cap (total outstanding shares value) of $35.1 million.

How to buy shares in Galileo Mining

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 Galileo Mining . Find the share by name or ticker symbol: GAL. 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 Galileo Mining 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 $0.255, 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 Galileo Mining . 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 Galileo Mining 's share price?

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

Its last market close was $0.255, which is 29.41% up on its pre-crash value of $0.18 and 155.00% up on the lowest point reached during the March crash when the shares fell as low as $0.1.

If you had bought $1,000 worth of Galileo Mining shares at the start of February 2020, those shares would have been worth $666.67 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 $1,700.00.

Galileo Mining share price

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

Galileo Mining shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.255
52-week range	AUDA$0.1 - AUDA$0.45
50-day moving average	AUDA$0.2761
200-day moving average	AUDA$0.2621
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.015

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 Galileo Mining 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 Galileo Mining Ltd by TradingView

Galileo Mining price performance over time

Historical closes compared with the close of A$0.255 on 2020-10-20

1 week (2020-10-14)	0%
1 month (2020-09-21)	4.08%
3 months (2020-07-21)	-5.56%
6 months (2020-04-21)	-5.56%

1 year (2019-10-21)	112.50%
2 years (2018-10-19)	41.67%
3 years (2017-10-17)	N/A
5 years (2015-10-17)	N/A

Galileo Mining financials

Gross profit TTM	$0
Return on assets TTM	-3.4%
Return on equity TTM	-5.08%
Profit margin	0%
Book value	0.139
Market capitalisation	$35.1 million

TTM: trailing 12 months

Galileo Mining share dividends

We're not expecting Galileo Mining to pay a dividend over the next 12 months.

Galileo Mining share price volatility

Over the last 12 months, Galileo Mining 's shares have ranged in value from as little as $0.1 up to $0.45. 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 Galileo Mining 's is 1.093. This would suggest that Galileo Mining 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Galileo Mining overview

Galileo Mining Ltd engages in the exploration of mineral deposits in Western Australia. The company explores for cobalt, nickel, and copper, as well as manganese oxide deposits. It holds interests in the Norseman project that covers an area of 278 square kilometers located to the town of Norseman; and Fraser Range Project covering an area of 605 square kilometers situated in the Albany-Fraser Orogen. The company was incorporated in 2003 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Galileo Mining is owned by insiders?

  Currently 63.76% of Galileo Mining shares are held by insiders.

• When does the fiscal year end for Galileo Mining ?

  Galileo Mining 's fiscal year ends in June.

• Where is Galileo Mining based?

  Galileo Mining 's address is: 13 Colin Street, West Perth, WA, Australia, 6005

• What is Galileo Mining 's ISIN number?

  Galileo Mining 's international securities identification number is: AU0000007510