Galilee Energy Limited (ASX:GLL) Insider Raymond Shorrocks Purchases 1,963,385 Shares

Galilee Energy Limited (ASX:GLL) insider Raymond Shorrocks bought 1,963,385 shares of Galilee Energy stock in a transaction on Tuesday, April 1st. The shares were acquired at an average cost of A$0.01 ($0.00) per share, with a total value of A$13,743.70 ($8,589.81).

Galilee Energy Stock Performance

The company has a debt-to-equity ratio of 13.34, a quick ratio of 5.50 and a current ratio of 13.68. The stock has a market cap of $3.90 million, a PE ratio of -0.67 and a beta of 0.16.

Galilee Energy Company Profile

Galilee Energy Limited, through its subsidiaries, engages in the exploration and production of oil and gas properties in Australia, the United States, and Chile. It primarily explores for coal seam gas. The company's flagship project is the Glenaras gas project located within the ATP 2019 permit, which covers an area of approximately 3,200 square kilometers in western Queensland's Galilee Basin.