Galileo Resources Plc
GLR.L
London Stock Exchange0.80
GBp
- -
- -
Galileo Resources Plc
GLR.L
(London Stock Exchange)
Recent
price
0.80
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Galileo Resources Plc Galileo Resources Plc (AIM:GLR) is a United Kingdom-based exploration and development mining company focused on copper, critical battery metals, zinc, lithium, gold, and rare earth elements essential for the green energy transition; its principal projects include the Luansobe Copper Project and Shinganda Copper-Gold Project in Zambia's Copperbelt prospective for sediment-hosted and iron oxide copper-gold deposits, Western Foreland Copper Project under joint venture option for 65% interest adjacent to the Central African Copperbelt, Kashitu Zinc Project near Zambia's Kabwe mine with high-grade Zn-Pb-Ag potential, Kamativi Lithium-Tin project and Bulawayo Gold Project in Zimbabwe targeting pegmatite lithium and greenstone belt gold, Kalahari Copper Belt Project in Botswana with licences optioned to Sandfire Resources proximal to producing mines like Motheo, Ferber Copper-Gold Project in Nevada USA, Star Zinc in Zambia, and Glenover Rare Earth Project in South Africa. The company, founded in 2006 and headquartered at 1st Floor, 7-8 Kendrick Mews, London SW7 3HG, operates primarily in Southern Africa including Zambia, Botswana, Zimbabwe, and South Africa, as well as the United States and United Kingdom; it employs approximately three staff and pursues an opportunity-driven strategy of acquiring advanced projects with de-risked potential and accelerating them to production through strategic partnerships and data-driven exploration. Recent developments encompass a May 2025 royalty agreement with EMX Royalty Corp granting EMX a 1% NSR royalty over the Ferber Project in exchange for funded exploration including reconnaissance drilling, with options for EMX to acquire additional royalty interests, alongside ongoing RC drilling and re-logging at Kalahari Copper Belt confirming copper mineralisation; in November 2025, Galileo entered a conditional collaboration agreement with Jubilee Metals Group PLC to advance the Molefe copper project in Zambia, funding a US$700,000 exploration program to earn up to 23.75% interest in the holding company while leveraging Jubilee's processing capabilities at Sable plant to ramp production toward 8,500 tonnes per month by Q3 FY2026 and develop on-site low-grade ore processing for stockpiled 2.2 million tonnes.