Galileo Mining

Galileo Mining Quick Ratio

The Quick Ratio (Acid Test) of Galileo Mining (GAL.AX) as of Oct 19, 2026 is 18.05. In the previous year, Quick Ratio (Acid Test) was 11.73 — a change of 53.82% (higher).

Quick Ratio

18.05

YoY

53.82%

Last updated:

Quick Ratio (Acid Test) of Galileo Mining is 2026 18.05 . Quick Ratio (Acid Test) of Galileo Mining was 2025 11.73 . It decreases by 53.82% higher compared to the previous year.

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Galileo Mining Stock analysis

What does Galileo Mining do? Galileo Mining Ltd, listed on the Australian Securities Exchange under the ticker GAL.AX, is a mineral exploration company headquartered in Perth, Western Australia. The company went public via an IPO on May 29, 2018. Galileo Mining focuses on the exploration and development of mineral resources, particularly palladium, nickel, copper, and cobalt, within Western Australia. The company operates two primary exploration projects: the Norseman Project and the Fraser Range Project. The Norseman Project is situated approximately 10 kilometers northwest of Norseman on vacant crown land. It is prospective for palladium-platinum-nickel-copper-cobalt-rhodium sulphide deposits and includes a JORC-compliant nickel-cobalt laterite resource. This project encompasses two exploration licenses, 18 granted prospecting licenses, and one mining lease, covering a total area of 255 square kilometers. The Fraser Range Project spans exploration licenses totaling around 602 square kilometers within the Albany-Fraser Orogen. It is divided into two zones: the northern Kitchener zone and the southern Yardilla zone. Galileo Mining's operations are centered on advancing these projects through exploration and resource development, targeting base and precious metals. The company's website is www.galileomining.com.au. As a publicly traded entity, Galileo Mining provides investors with exposure to mineral exploration activities in Western Australia, emphasizing its focus on strategic mineral commodities. Galileo Mining is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Galileo Mining stock

Quick Ratio (Acid Test) of Galileo Mining is 18.05 in 2026.

Quick Ratio (Acid Test) of Galileo Mining changed from 11.73 to 18.05, representing a 53.82% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Galileo Mining since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Galileo Mining with sector peers and the industry average to assess whether it is attractive.

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Leverage — Galileo Mining

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