ASX:GXY Archives - Money Morning Australia

07/08/2019

Lynas Shares Rising on Licence Extension Headlines

Earlier this morning, Lynas issued a pause in trading pending an announcement. This announcement ended up being a comment from the company on the ‘recent media coverage’ of the Malaysia agreement, urging shareholders to ‘not rely on media speculation’. We look at the sector as a whole.

Lachlann Tierney

24/07/2019

Orocobre Share Price Down over 40% in 12 months: Lithium Disappoints

It has been a difficult 12 months for the Orocobre share price, which is down more than 40% in the last 12 months. In Orocobre’s latest quarterly report, the company outlined reduced production and soft lithium prices. While demand for lithium is still...

Lachlann Tierney

16/07/2019

Galaxy Resources Share Price Up on Quarterly: Lithium vs. Nickel

It remains one of the most shorted stocks on the ASX, indicating that there are some large bets on a further decline. Today, we look at the highlights from Galaxy Resources’ quarterly update and have a look at why interest in lithium has waned. We conclude by looking at nickel’s prospects.

Ryan Clarkson-Ledward

11/07/2019

Cyprium’s Share Price Up 22.22% on Drilling Commencement News

t was made clear in the presentation that copper would be the frontrunner in many of Cyprium’s future projects, with the company intending to focus on Australian projects with ‘existing copper resources with growth potential’.

Ryan Clarkson-Ledward

30/05/2019

Galaxy Resources’ Share Price Up after Trading Pause | ASX:GXY

Galaxy Resources Ltd [ASX:GXY] shares are in a trading pause as the market waits for their next announcement. At time of writing, Galaxy’s share price is hovering around $1.54 apiece.

Ryan Clarkson-Ledward

17/05/2019

Galaxy Resources Share Price Up, Becomes Alliance’s Biggest Shareholder

ASX-listed lithium producer Galaxy Resources [ASX:GXY] confirmed its interest in Alliance Minerals Assets ltd [ASX: A40] via a placement of new shares, making Galaxy the biggest shareholder.At the time of writing, Galaxy Resources share price is trading slightly higher to $1.65, up 0.61%.

Ryan Clarkson-Ledward

13/05/2019

Galaxy Resources’ Share Price Rises after Record Production

Today, Galaxy Resources Ltd [ASX:GXY] gave an update on operations at its Mt Cattlin Project, in Ravensthorpe, Western Australia.At the time of writing, Galaxy Resources’ share price is trading 2.80% higher at $1.66 per share.

Ryan Clarkson-Ledward

11/04/2019

Galaxy Resources’ Share Price Volatile Trades 2.6% lower

This morning Galaxy Resources Ltd [ASX:GXY] held an investor conference call at 11:00am AEST to discuss its quarterly results, which will be released Thursday, 18 April 2019. Galaxy Resources’ share price has recently traded with volatility, most likely on account of...

Ryan Clarkson-Ledward

28/03/2019

Galaxy’s Share Price sinks 40% Over the Last 12 Months

Galaxy's share price has sunk 40% in its past 12 months of trading.The market has struggled to find value in the global miner despite reasonable financial results and a slew of what should have been perceived as good news.

Ryan Clarkson-Ledward

01/03/2019

Galaxy Resources Share Price Dips despite Settlement

After receiving the final settlement for its sale of assets to POSCO, shares of Galaxy Resources have been down. Earlier this morning shares dropped as low as $2.13, six cents down from yesterday’s close. At time of writing, Galaxy Resources share price has just reached that previous closing price of $2.19.