Report
EUR 13.93 For Business Accounts Only

Thanks to a better fundamental star rating, GALAXY RESOURCES sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to GALAXY RESOURCES (AU), active in the Non Ferrous Metals industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date April 2, 2021, the closing price was AUD 2.71 and its expected value was estimated at AUD 2.54.
Underlying
Galaxy Resources Limited

Galaxy Resources and its subsidiaries are primarily involved in mineral exploration and processing. Co.'s principal activities are production of lithium carbonate and exploration for minerals. Co. manages its businesses by geographic location: Australia operation, which includes the development and operation of the Mt. Cattlin spodumene mine and exploration for minerals; Argentina operation, which includes the development of the Sal de Vida project and exploration for minerals; and Canada operation, which includes the development of the James Bay project and exploration for minerals.

Provider
TheScreener
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