Galileo Mining Ltd
ASX:GAL

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Galileo Mining Ltd
ASX:GAL
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Price: 0.235 AUD -2.08% Market Closed
Market Cap: AU$46.4m

Gross Margin

45.3%
Current
Improving
by 1%
vs 3-y average of 44.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
45.3%
=
Gross Profit
AU$242.6k
/
Revenue
AU$536.1k

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
45.3%
=
Gross Profit
AU$242.6k
/
Revenue
AU$536.1k

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Galileo Mining Ltd
ASX:GAL
46.4m AUD
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AU
Rio Tinto Ltd
ASX:RIO
264.9B AUD
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AU
BHP Group Ltd
ASX:BHP
271.5B AUD
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UK
Rio Tinto PLC
LSE:RIO
116B GBP
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MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.6T MXN
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CH
Glencore PLC
LSE:GLEN
59.3B GBP
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CN
CMOC Group Ltd
SSE:603993
470.2B CNY
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SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR
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CN
China Molybdenum Co Ltd
OTC:CMCLF
62.7B USD
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UK
Anglo American PLC
LSE:AAL
42.2B GBP
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ZA
African Rainbow Minerals Ltd
JSE:ARI
43.1B ZAR
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Market Distribution

In line with most companies in Australia
Percentile
57th
Based on 2 544 companies
57th percentile
45.3%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

Galileo Mining Ltd
Glance View

Market Cap
46.4m AUD
Industry
Metals & Mining

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.

GAL Intrinsic Value
0.021 AUD
Overvaluation 91%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
45.3%
=
Gross Profit
AU$242.6k
/
Revenue
AU$536.1k
What is Galileo Mining Ltd's current Gross Margin?

The current Gross Margin for Galileo Mining Ltd is 45.3%, which is above its 3-year median of 44.2%.

How has Gross Margin changed over time?

Over the last 3 years, Galileo Mining Ltd’s Gross Margin has increased from -1 078.4% to 45.3%. During this period, it reached a low of -1 078.4% on Jun 30, 2022 and a high of 47.8% on Dec 31, 2023.

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