Galileo Mining Ltd
ASX:GAL
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Galileo Mining Ltd
Glance View
Galileo Mining Ltd. is a mineral exploration company, which engages in the exploration and development of mining tenements. The company is headquartered in Perth, Western Australia. The company went IPO on 2018-05-29. The firm is focused on the development and exploration of cobalt, nickel laterite and nickel-copper-cobalt sulphide projects in Western Australia. The firm's projects include the Fraser Range project and the Norseman project. The Fraser Range project is located across two areas-the northern Kitchener zone, which hosts the Company's Lantern and Nightmarch prospects, and the southern Yardilla zone, which holds the Empire Rose and Yardilla South prospects. The Fraser Range project covers approximately 602 square kilometers of exploration licenses in the Albany-Fraser Orogen. The Norseman project is located approximately 10 kilometers from the Western Australian town of Norseman. The Norseman project covers approximately 306 square kilometers of exploration and prospecting licenses.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
