galileo mining top 20 shareholders

May 1, 2023 | Contact Details: Shareholder Info Top 20 Shareholders About the Data Shareholder Distribution As reported in the most recent Annual Report. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. The billionaire prospector extraordinaire is credited with Top 20 By Shareholder. Legend Mining doubles down on seismic survey for Rockford Project, Astro Resources delivers 50% increase in indicated resources at Fe Limited continues operation ramp-up at JWD Iron Ore Project; South Harz Potash well positioned as global economic and political Emyria initiates pre-clinical studies for MDMA-inspired analogues. Email: [emailprotected] Get Started Investing We note that hedge funds don't have a meaningful investment in Galileo Mining. Galileo Mining Ltd is an Australia-based mining and exploration company. In the past month, the companys shares have rocketed 120% and are 106% higher in the past week alone. Stable Share Price: GAL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week. GALILEO MINING Ltd. is currently the company's largest shareholder with 21% of shares outstanding. Legend Mining continues evolution of the Mawson story with more massive sulphides intersected. She also hold a B.Science (Biotechnology) with Honours from the University of Adelaide.Monica has worked in government at the local, state and federal level. Ltd. is currently the company's largest shareholder with 21% of shares outstanding. Private companies may be related parties. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. 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. James Mickleboro. Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. We are currently completing our second reverse circulation (RC) drill campaign at Callisto with a geological update to be provided to the market on the completion of the program.. Some would say this shows alignment of interests between shareholders and the board, though we generally prefer to see bigger insider holdings. 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Lets take a look at what Galileo Mining announced today. 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. WebGalileo Mining Limited. PERTH (miningweekly.com) Junior Galileo Mining will raise A$20.4-million in a share placement to sophisticated and institutional investors to fund exploration work at That is, insiders The above has been published by Proactive Investors Limited (the "Company") on its website and is made available subject to the terms and conditions of use of its website (see Sign up to receive alerts and news direct to your inbox. Jul 4, 2022 Anthony Macdonald, Email advertising@creamermedia.co.za, Barloworld Equipment~Booyco Electronics~Immersive Technologies~Integrated Pump Rental~Integrated Pump Technology~Multotec~Sandvik~SSG Consulting ~Trafo Power Solutions~Weir Minerals Africa, barloworld-equipment-2021-07-20~booyco-electronics-2021-06-07~immersive-technologies-2019-04-01~integrated-pump-rental-2019-12-09~integrated-pump-technology-2019-12-12~multotec-2021-02-03~sandvik-2022-08-29~ssg-consulting-project-management-2014-05-19~trafo-power-solutions-2022-12-13~weir-minerals-africa-2020-11-23, Creamer Media Senior Deputy Editor: Australasia, Sign up for our FREE daily email newsletter. Legend and its respected two high-profile partners Rockford partners hold considerable expertise on Fraser Range district mineralisation styles. 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. Note: Search is limited to the most recent 250 articles. Subscriptions are available via the Creamer Media Store. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. 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These audience insights are used to make our website more relevant. To access earlier articles, click Advanced Search and set an earlier date range.To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. 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. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. Creamer Media Senior Deputy Editor: Australasia, ARTICLE ENQUIRY Legend Mining Limited's (ASX:LEG) two major shareholders remain fellow Fraser Range players Creasy Group and IGO Ltd (ASX:IGO) (OTCMKTS:IPGDF) following the company's recent $20 million capital raising. In their own names, insiders own AU$12m worth of stock in the AU$155m company. Galileo expects to begin a third RC program at the end of this month and will be followed by diamond drilling in August. WebGalileo Mining Ltd is an Australia-based mining and exploration company. For story tips and broker tips, email me at, By clicking this button, you agree to our, Galileo Mining share price explodes 150% on major discovery, How Id generate $400 in monthly passive income from 2 ASX 200 iron ore shares. Meanwhile, private companies make up 30% of the companys shareholders. Have feedback on this article? Please enter the email address that you used to subscribe on Mining Weekly. May 1, 2023 | We aim to bring you long-term focused analysis driven by fundamental data. 13 Colin Street West Perth WA 6000 . We note that hedge funds don't have a meaningful investment in Galileo Mining. Galileo Mining Share Price - ASX:GAL Stock Research | Stockopedia WebInsider Buying: GAL insiders have bought more shares than they have sold in the past 3 months. Galileo has See our latest analysis for Galileo Mining. Galileo Mining April 29, 2023 | of Shares % Piedmont Lithium Limited: 1,000,383,020: 11.26: Citicorp Nominees Pty Ltd: 691,211,585: 7.78: HSBC Custody Nominees (Australia) Limited Strong support for the placement validates the company's strategy of striving to replicate the success of Creasy Group and IGO in the prolific Fraser Range. Bronwyn Allen. In the last year, its cash burn was The companys shares are currently trading at 50 cents apiece, a 150% gain. Galileo Mining Ltd announced that it has received AUD 20.4 million in funding from IGO Limited Jul 07 Galileo Mining Ltd Announces Geological Results from the In comparison, the S&P/ASX 200 Materials Index (ASX: XMJ) is down 0.08% at the time of writing. The top 20 shareholders on listing held 57% of the stock. Please remember that investments can go up and down. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Galileo Mining's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public, A total of 6 investors have a majority stake in the company with 50% ownership, Using data from company's past performance alongside ownership research, one can better assess the future performance of a company. GALILEO MINING GALILEO MINING LTD : Forcasts, revenue, earnings, analysts expectations, ratios for GALILEO MINING LTD Stock | GAL | AU0000007510 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. l. The Fraser Range project consists of licences which are propspective for nickel, copper, and cobalt. Volatility Over Time: GAL's weekly volatility has decreased from 36% to 12% over the past year, but is still higher than 75% of Australian stocks. Galileo Mining (GAL) has received firm commitments to raise $20.4 million for the Callisto palladium-nickel discovery within the Norseman project in WA. You can do it. 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. When not writing for Motley Fool Australia, Monica enjoys travel, sport, music, and likes to play the violin in her spare time. Our latest articles and strategies for the post-work life you want. Galileo is exploring its 100% owned Norseman project in Western Australia. Receive daily sector news alerts. Two nickel-copper sulphide target areas are on the radar for this initial campaign, representing the most compelling Only registered members can use this feature. Galileo Mining Ltd engages in the exploration of mineral deposits in Western Australia. Data as of May 01 2023. WebGalileo Mining listed on the ASX in May 2018, raising $15 million in IPO funding. Galileo Mining For the Year Ended 30 June 2018 For personal use only - ASX 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. Webshareholders including Mark Creasy (approximately 31%), Independence Group (4.9%) and Chris Ellison (4.2%). This may not be consistent with full year annual report figures. In the chart below, we zoom in on the different ownership groups of Galileo Mining. Companies Like Galileo Mining (ASX:GAL) Are In A Position To TO MAKE THE WORLD James Mickleboro. Shareholder Information - Galileo Mining Simply Wall St has no position in any stocks mentioned. Ownership Breakdown Dilution of Shares: Shareholders have been diluted in the Brooke Cooper, April 30, 2023 | 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. FT is not responsible for any use of content by you outside its scope as stated in the. We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library. Monica completed a cadetship in 2013. 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 Stock summary - Australian Stock Market - Small Caps This lithium giant could still have room to climb higher from current levels according to one broker. Galileo Mining Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. ARTICLE ENQUIRY, To subscribe email subscriptions@creamermedia.co.za or click here Share Registry. Listen to Our Podcast Galileo Mining Join A Paid User Research SessionYoull receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Get in touch with us directly. To make the world Smarter, Happier, And Richer. Taking note of what the big end of town is doing can provide insights for ordinary ASX shares investors. By: Esmarie Iannucci This website uses cookies so that we can provide you with the best user experience possible. For perspective, the S&P/ASX 200 Materials Index (ASX: XMJ) has fallen 7% in a year. Any information that you receive via FT.com is at best delayed intraday data and not "real time". 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. 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 said this shows the potential for a large mineralised system. To that end, you should learn about the 4 warning signs we've spotted with Galileo Mining (including 2 which are concerning) . Galileo Mining Ownership - Simply Wall St Galileo Mining It's always worth thinking about the different groups who own shares in a company. Galileo Mining has such a small amount of debt that we'll set it aside, and focus on the AU$6.9m in cash it held at December 2020. The company was originally privately owned by renowned prospector Mr Mark Creasy, and Galileo Managing Director Mr Brad Underwood spent eight years as General Manager of the Creasy Groups exploration at the Fraser Range and at Norseman. Galileo Mining listed on the ASX in May 2018, raising $15 million in IPO funding. Legend Mining Ltd (ASX:LEG) managing director Mark Wilson brings Proactive up to speed on a mission to test the Octagonal prospects most exciting diamond drill targets. Some 170-million shares will be placed, at a price of A$1.20 a share under Galileos existing placement capacity. The company is exploring for high grade palladium-platinum-nickel-copper-cobalt resources at its Norseman project and large scale magmatic nickel copper deposits in the Fraser Range. We can see that individual investors own the lion's share in the company with 44% ownership. Join our flagship membership service, Share Advisor. The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. GALILEO MINING LTD : Shareholders Board Members WebGalileo Mining Ltd (ASX:GAL) insider upped their holding earlier this year. Galileo Mining has amarket capitalisationof about $81 million. Learn about investing with our Investing Education hub. IGO has reported EBITDA of $533 million and net profit after tax of $412 million for the March quarter. The placement will increase Galileos total cash balance to around $26.5 million. has decreased from 36% to 12% over the past year, but is still higher than 75% of Australian stocks. But to understand Galileo Mining better, we need to consider many other factors. 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. Sign Up for Take Stock Mr Creasy continues to be the largest shareholder, controlling approximately 27.5 percent of the Join Our Premium Community Galileo Mining ASX:GAL Stock Report - Simply Wall St The Company holds interest in the FSZ Resources Pty Ltd, NSZ Resources Pty Ltd, and the mining tenements that comprise the Norseman project. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Phone: (03) 8592 4841 If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data. Australian Gold Resources Pty. We use this information to make our site faster, more relevant and improve the navigation for all users. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Company Overview - Galileo Mining Copyright Proactive Group Holdings Inc, 2023. Legend Mining two major partners remain at top of shareholder Legendary explorer Mark Creasy is Galileo Minings biggest shareholder with nearly 25 per cent of the company. The placement will increase our total cash to approximately A$26.5-million and allow us to aggressively explore this significant new palladium province within our Norseman project area. WebGalileo Mining Limited. This can be negative in some circumstances. Galileo noted it also has multiple targets at the companys Jimberlana and Mission Sill prospects, providing the opportunity for more discoveries. This represents an interest of 26.35%. 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: Public companies currently own 17% of Galileo Mining stock. Concerned about the content? 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 The Galileo Mining share price soared 83% in the past year while it is up 116% year to date. 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. The Top 20 Shareholders of GAL hold 0% of shares on issue. As reported in the most recent Annual Report. A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. In other words, the group stands to gain the most (or lose the most) from their investment into the company. GAL News, Analysis, Announcements & Results | Galileo EMAILTHISARTICLE. We note that hedge funds don't have a meaningful investment in Galileo Mining. We are currently completing our second RC drill campaign at Callisto with a geological update to be provided to the market on the completion of the program. GALILEO MINING LTD : Shareholders Board Members GAL $ 0.790 -0.040 -4.82% Data last updated: Apr 28, 2023 3.56pm. Shares in the base metals explorer are skyrocketing today. Well supported successful mining investor Mark Creasy and major mining company IGO are the largest shareholders Full Company Profile Request Mining Companies Videos Currently Playing The Assay TV Brad Underwood, Chairman & Managing Director, Galileo Mining (ASX:GAL) 23/5/2022 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. Galileo Mining is an ASX-listed company (ASX: GAL) focussed on the discovery of base metals in Western Australia. 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. than 75% of Australian stocks over the past 3 months. The Company holds interest in the FSZ Resources Pty Ltd, NSZ Resources Pty Ltd, and the mining tenements that comprise the Norseman project. We look forward to updating the market as work progresses on this exciting new West Australian discovery. To get a sense of who is truly in control of Galileo Mining Ltd (ASX:GAL), it is important to understand the ownership structure of the business. Shareholder Information - Galileo Mining Monica is a journalist with experience working for Daily Mail Australia in Sydney and the Port Pirie Recorder and the Flinders News in South Australia. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Lessons from the Masters: Where is super prospector Mark The Motley Fool Australia has no position in any of the stocks mentioned. May 1, 2023 | Already Galileos top shareholder after folding projects owned by his private Creasy Group at Norseman and the Fraser Range into the 2018 float, Creasy sent its shares soaring even further to a record 86c after buying 3 million on market in the wake of the Callisto discovery. Data delayed 15 minutes unless otherwise indicated. 337927). WebInsiders were net buyers of Galileo Mining Ltd's ( ASX:GAL ) stock during the past year. separate emails by commas, maximum limit of 4 addresses, 6th July 2022 Hear our experts take on shares, the market & how to invest. Data delayed at least 20 minutes, as of May 01 2023 07:10 BST. Commenting on the news, managing director Brad Underwood said: While we are at an early stage in the discovery process, the thick and consistent zone of mineralisation, and the extensive prospective strike length, suggests the potential for a large mineralised system. Let's find out. Ltd. is currently the company's largest Authorised by Scott Phillips. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. Galileo Mining Drilling from 144m at hole NRC266 intersected with 33 metres at 1.64 grams per tonne (g/t) palladium, 0.28 g/t platinum, 0.09 g/t gold, 0.32% copper, and 0.3% nickel including: The 33 metre intersection is within a broader 55 metre disseminated sulphide zone. The Norseman project consists of granted exploration licences and is prospective for cobalt and nickel. This holding is probably worth investigating further. Our most recent data indicates that insiders own some shares in Galileo Mining Ltd. With over 5 km of strike length at the Callisto discovery, and highly prospective targets at the Jimberlana and Mission Sill prospects, the potential for additional mineralisation is very high, said Underwood. The Company is engaged in the development and exploration of cobalt, nickel laterite and We take a look at how you could receive passive income from two iron ore miners. Galileo Mining Ltd (ASX:GAL Profile data is unavailable for this security. With over five kilometres of strike length at the Callisto discovery, and highly prospective targets at the Jimberlana and Mission Sill prospects, the potential for additional mineralisation is very high, he said. Galileo Mining (ASX: GAL) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. Galileo Mining (GAL) has received firm commitments to raise $20.4 million for the Callisto palladium-nickel discovery within the Norseman project in WA. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. Overview Galileo Mining Ltd, GAL:ASX profile - FT.com - Financial See historical performance and comparison, Metals and Mining Industry Average Movement. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services.

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