Yahoo Finance

Operations: Galileo Mining Ltd does not report any revenue segments.

Market Cap: A$25.69M

Galileo Mining Ltd, with a market cap of A$25.69 million, is a pre-revenue company focused on mineral exploration in Western Australia. Recent assay results from its Norseman project indicate promising palladium and platinum anomalies, extending known strike lengths. The company is debt-free, with short-term assets of A$11.5 million comfortably covering liabilities of A$388.7K. Despite becoming profitable this year due to significant one-off gains, its return on equity remains low at 7.4%. The board's average tenure of 6.3 years suggests experienced governance amid the company's volatile share price movements over recent months.

• Navigate through the intricacies of Galileo Mining with our comprehensive balance sheet health report here.

• Review our historical performance report to gain insights into Galileo Mining's track record.

Hazer Group

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Hazer Group Limited is an Australian clean technology development company with a market cap of A$69.08 million.

Operations: The company generates revenue from the research and development of novel graphite-and-hydrogen-production technology, amounting to A$4.06 million.

Market Cap: A$69.08M

Hazer Group Limited, with a market cap of A$69.08 million, is a clean technology company focusing on graphite and hydrogen production. Despite generating A$4.06 million in revenue, it remains pre-revenue due to the lack of significant income streams. The company is debt-free and has short-term assets of A$12.5 million exceeding liabilities, yet faces challenges with less than a year of cash runway if cash flow trends persist. Recent earnings show improved revenue and reduced net losses compared to last year, but Hazer continues to be unprofitable with declining earnings over five years at 23.2% annually.

• Unlock comprehensive insights into our analysis of Hazer Group stock in this financial health report.

• Gain insights into Hazer Group's past trends and performance with our report on the company's historical track record.

Where To Now?

• Take a closer look at our ASX Penny Stocks list of 980 companies by clicking here.

• Interested In Other Possibilities? The latest GPUs need a type of rare earth metal called Neodymium and there are only 20 companies in the world exploring or producing it. Find the list for free.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:CCM ASX:GAL and ASX:HZR.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com