Galileo Resources (GLR) AI Stock Analysis

• Market Cap: £9.89M
• Dividend Yield: N/A
• Average Volume (3M): 1.87M
• Price to Earnings (P/E): 6.1
• Beta (1Y): 0.99
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Industrial Materials
• EPS (TTM): <0.01
• Shares Outstanding: 1,163,188,500
• 10 Day Avg. Volume: 3,606,433
• 30 Day Avg. Volume: 1,871,453
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -6.50
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Galileo Resources' score is primarily impacted by its weak financial performance, with no revenue and ongoing losses. However, the company's debt-free status and recent strategic corporate events, such as securing a mining license and advancing exploration projects, contribute positively. Although technical indicators show limited momentum, the low P/E ratio indicates potential undervaluation, which could make the stock attractive if financial performance improves.

Galileo Resources Business Overview & Revenue Model

Company Description

Galileo Resources PLC is a resource exploration and development company focused on identifying and developing mineral projects in the mining sector. The company primarily operates in the exploration and development of copper, zinc, gold, and rare earth elements. Galileo Resources leverages its expertise in geology and mining to explore promising regions and unlock the potential of mineral deposits through strategic partnerships and project acquisitions.

How the Company Makes Money

Galileo Resources makes money primarily through the exploration and development of mineral resource projects, which can lead to the discovery and extraction of valuable minerals. The company's revenue model includes the sale of extracted minerals, joint ventures, and partnerships with other mining companies to share resources and infrastructure costs. Additionally, Galileo Resources may generate income by selling or leasing its exploration rights or properties to other mining entities. The company's earnings are influenced by factors such as commodity prices, exploration success, and the ability to efficiently manage operational and development costs.

Galileo Resources Financial Statement Overview

Summary

Galileo Resources faces significant financial challenges with no revenue generation and consistent losses. The balance sheet benefits from being debt-free, providing some stability, but declining equity and assets are concerning. The cash flow statement reflects struggles in generating and maintaining cash, impacting future operational capabilities. Overall, the financial health is weak, with few positive indicators.

Income Statement

Galileo Resources has not generated any revenue over the years, which is a significant concern for the company's income statement health. The consistent negative EBIT and net income indicate ongoing losses, which reflect challenges in achieving profitability. Despite a reduction in net loss from the previous year, the lack of revenue growth keeps the income statement score low.

Balance Sheet

The company maintains a strong equity position with no debt, leading to a favorable debt-to-equity ratio. However, the declining stockholders' equity and total assets over the years suggest potential financial strain. Despite these weaknesses, the absence of debt provides some stability to the balance sheet.

Cash Flow

Galileo Resources has consistently negative operating and free cash flow, highlighting challenges in generating cash from operations. The negative free cash flow growth and the high capital expenditure relative to cash inflow are areas of concern. The company's cash position has been decreasing, impacting its overall cash flow health.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-1.10M	-968.84K	-753.32K	-1.47M	-630.38K
	EBITDA
-966.11K	-790.22K	1.01M	96.96K	-630.38K
	Net Income Common Stockholders
-1.05M	-1.47M	1.54M	87.87K	-642.19K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
52.16K	1.48M	4.65M	1.39M	356.49K
	Total Assets
13.87M	12.65M	14.37M	10.16M	6.18M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-42.86K	-1.44M	-4.65M	-1.39M	-356.49K
	Total Liabilities
2.44M	177.42K	380.49K	752.74K	309.75K
	Stockholders Equity
10.95M	12.36M	13.87M	9.41M	5.87M
Cash Flow		Free Cash Flow
-1.45M	-2.73M	-2.46M	-1.64M	-621.52K
	Operating Cash Flow
-1.05M	-1.50M	-901.22K	-1.19M	-331.29K
	Investing Cash Flow
-342.93K	-1.72M	2.10M	-537.96K	-303.30K
	Financing Cash Flow
0.00	-1.00	2.06M	2.76M	990.00K

Galileo Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.85
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GLR, the sentiment is Negative. The current price of 0.85 is below the 20-day moving average (MA) of 0.85, above the 50-day MA of 0.82, and below the 200-day MA of 0.99, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 49.88 is Neutral, neither overbought nor oversold. The STOCH value of 25.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:GLR.

Galileo Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GLR	51 Neutral	£9.89M	6.07	13.37%	―	―	―
Sector *	47 Neutral	$2.65B	-3.07	-22.25%	3.27%	3.70%	-29.53%
SRES	38 Underperform	£995.94K	―	-32.26%	―	―	―

Galileo Resources Corporate Events

Galileo Resources Advances Exploration at Shinganda Project

Galileo Resources has announced the completion of Phase 3 drilling at its Shinganda Project in Zambia, revealing potential extensions of shallow oxide copper-gold mineralization. Despite some inconclusive assay results due to challenging ground conditions, the company has identified promising targets for further exploration. The upcoming Phase 4 exploration will focus on the Main Fault target, aiming to identify structural mineral trap sites in an extensive IOCG setting. This development could enhance Galileo’s operations and strengthen its position in the mineral exploration industry.

Galileo Resources Secures Mining License for Kashitu Zinc Project

Galileo Resources PLC has been granted a 10-year small-scale mining license for the Kashitu zinc project in Zambia, located near the historical Kabwe mine. This development positions the company to potentially advance towards open-pit mining in high zinc content areas, contingent on further project evaluation and partnership opportunities. This license is a strategic step for Galileo in enhancing its operations and engaging with the local community, potentially impacting its market presence and stakeholder interests.

Galileo Resources Advances Exploration in Zambia’s Western Foreland

Galileo Resources PLC has provided an update on its exploration activities in Northwest Zambia, specifically on Licence 28001 within the Western Foreland geological domain. The company has successfully drilled two holes totaling 706.4 meters, which have established the stratigraphy of the area and informed future exploration efforts. The exploration aims to identify redox fronts that could indicate potential copper mineralization, similar to the rich copper mines in the neighboring DRC. The company has identified priority areas within the license for further exploration, which will commence after the rainy season, potentially enhancing its position in the copper mining industry.

Galileo Resources Identifies Promising Drill Targets in Kalahari Copperbelt

Galileo Resources PLC has identified potential drill targets in its Kalahari Copperbelt prospecting licences following a geophysical survey. The survey revealed chargeability and resistivity anomalies, particularly on PL039, Line 1, suggesting a promising drill target. The company plans to conduct further geochemical analysis and prepare a follow-up drill program to confirm and explore these targets, which could enhance its position in the copper-silver mining sector.

Galileo Resources Announces Significant Change in Voting Rights

Galileo Resources has announced a change in its voting rights structure, with Dr. C W Powell crossing a notification threshold by increasing his voting rights to 4.166% from a previous 3.045%, amounting to a total of 48,320,303 voting rights. This change indicates a significant shift in shareholder dynamics and may impact the company’s governance and decision-making processes.