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Galileo company secretary Mathew Whyte (left), chairman Simon Jenkins, and managing director Brad Underwood.

Galileo up 58% on ASX debut

Shares in Galileo Mining, which is backed by Mark Creasy and Chris Ellison, have closed up strongly on their first day of trading after the company raised $15 million via an initial public offering.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
thGalileo Mining
195thFYI Resources14%3%
346thHorizon Gold-8%
526thNewfield Resources-34%-7%
641stLegacy Iron Ore-50%-40%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

298th-Galileo Mining$40k
302nd↑Legacy Iron Ore$38k
303rd↑FYI Resources$38k
305th↑Horizon Gold$35k
306th↓Newfield Resources$34k
509 listed resources companies ranked by revenue.
Source: Morningstar

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