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Last C$0.03 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 3:36 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

galileo petroleum ltd (GPL) Snapshot

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52 Week High
05/6/14 - C$0.14
52 Week Low
01/29/15 - C$0.03
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Current Stock Chart for GALILEO PETROLEUM LTD (GPL)

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galileo petroleum ltd (GPL) Details

Galileo Petroleum Ltd., a junior oil and gas company, engages in the exploration, development, and production of crude oil and natural gas reserves in Alberta and Saskatchewan, Canada. It holds interest in the Salt Lake project, which is located in the West-Central Saskatchewan. The company was formerly known as Portal Resources Ltd. and changed its name to Galileo Petroleum Ltd. in April 2012. Galileo Petroleum Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada.

Founded in 2000

galileo petroleum ltd (GPL) Top Compensated Officers

Chairman of Board, Chief Executive Officer, P...
Total Annual Compensation: C$60.0K
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: C$1.6K
Compensation as of Fiscal Year 2013.

galileo petroleum ltd (GPL) Key Developments

Galileo Petroleum Ltd. Auditor Raises 'Going Concern' Doubt

Galileo Petroleum Ltd. filed its Annual on Oct 28, 2014 for the period ending Jun 30, 2014. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Galileo Petroleum Ltd., Annual General Meeting, Apr 14, 2014

Galileo Petroleum Ltd., Annual General Meeting, Apr 14, 2014., at 10:00 US Mountain Standard Time. Location: 700 West Pender Street. Agenda: To receive the audited financial statements of the company for the financial years ended June 30, 2012 and June 30, 2013 with auditor's report thereon; to fix the number of directors at four and to elect four directors for the ensuing year; to appoint the company's auditor for the ensuing year; to authorize the Board of Directors to fix the auditor's remuneration for the ensuing year; to approve the company's ‘rolling 10%’ Stock Option Plan; and to transact such other business as may properly come before the Meeting or any adjournment thereof.

Galileo Petroleum Ltd. Reports Earnings Results for the Year Ended June 30, 2013

Galileo Petroleum Ltd. reported earnings results for the year ended June 30, 2013. For the year, the company reported net loss and comprehensive loss of CAD 1.69 million, or CAD 0.17 loss per share compared to a net loss and comprehensive loss of CAD 1.16 million, or CAD 0.12 loss per share, for the year ended June 30, 2012. Revenue was CAD 102,795, compared to CAD 280,993, for the year ended June 30, 2012.


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Price/Sales 1.7x
Price/Book 1.5x
Price/Cash Flow 2.8x
TEV/Sales 1.0x

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