ASX:GXY Archives - Money Morning Australia

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.

Ryan Clarkson-Ledward

25/02/2019

Galaxy Resources Share Price Jumps 4.25% upon Resumed Trading

Upon resuming trade, Galaxy Resources share price has jumped up 4.72%, and is currently trading at $2.22 per share. In an update made this morning, Galaxy announced it has completed the sale of tenements to POSCO, following the registration of the tenement and usufruct transfers.

Lachlann Tierney

22/02/2019

Galaxy Resources Enters Trading Halt-What’s Next?

At time of writing, shares of Galaxy Resources Limited [ASX:GXY] have entered a trading halt pending an announcement. While it is pure speculation at this stage, there are a couple of options on the table.

Ryan Clarkson-Ledward

25/01/2019

Galaxy Share Price Remains Steady After Chaotic Week on the Market

One of Australia’s most successful lithium mining companies, Galaxy Resources, has had a disappointing start to 2019 following the decline on Wednesday. The company has been in decline much of the previous year, which is closely tied to falls in the overall price of lithium.

Lachlann Tierney

23/01/2019

Galaxy Resources Reserves Up, Share Price Stagnates – an Explanation

At time of writing, the share price of Galaxy Resources Limited [ASX:GXY] is up a meagre 1.36%, trading at $2.24 per share. The latest news was thoroughly positive, but markets greeted it with a shrug. This article looks at what could be behind this.