Company Performance: Galileo Mining's exploration results, particularly any discoveries of economic deposits of nickel, copper, or palladium, directly influence its stock price.

Commodity Prices: Fluctuations in the prices of nickel, copper, and palladium significantly impact investor sentiment and the perceived value of Galileo's potential resources.

Market Sentiment: Overall investor confidence in the mining sector and the Australian stock market affects demand for GAL.AU shares.

Economic Conditions: Global and Australian economic growth or recession can impact demand for commodities and investment in mining companies.

Exploration Success: Positive drilling results, resource estimates, and feasibility studies boost investor confidence and drive up the share price.

Funding and Capital: The company's ability to secure funding for exploration and development projects affects its prospects and stock performance.

Geopolitical Factors: Global events, trade policies, and political stability in regions where Galileo operates can impact commodity prices and investor sentiment.

Regulatory Environment: Changes in mining regulations, environmental policies, or government approvals can influence the company's operations and stock value.

Competitor Activity: The success or failure of competitor companies in similar exploration ventures can affect investor perceptions of Galileo's potential.

Currency Exchange Rates: Fluctuations in the Australian dollar relative to other currencies can impact the profitability of commodity exports and affect investor returns.