|Bid||3.28 x 0|
|Ask||3.30 x 0|
|Day's Range||3.25 - 3.37|
|52 Week Range||1.52 - 4.54|
|PE Ratio (TTM)||∞|
|Earnings Date||Mar 29, 2016 - Apr 2, 2016|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
Forecasts for a glut in lithium, a major ingredient in rechargeable batteries for electric vehicles, fail to account for strong demand and how complicated it is to process and mine, industry executives and analysts said. Morgan Stanley sent lithium stocks tumbling on Monday after it forecast a surplus in the market in 2022 of 190,000 tonnes, resulting in predicted prices nearly halving to $7,699 a tonne. "I am firmly of the view that everyone, including Morgan Stanley, is grossly underestimating how quickly the market is moving on the demand side," Ken Brinsden, chief executive of Australian lithium miner Pilbara Minerals, said at a mining conference in Florida this week.
Categories: Asia Pacific Value Yahoo FinanceClick here to see latest analysis Capitalcube gives Galaxy Resources Ltd. a score of 75. Our analysis is based on comparing Galaxy Resources Ltd. with the following peers – Metals X Limited, Kasbah Resources Limited, Ultracharge Limited and Traka Resources Limited (MLX-AU, KAS-AU, UTR-AU and TKL-AU). Investment Outlook Galaxy Resources Ltd. has a fundamental score ... Read more (Read more...)
Galaxy Resources Limited (ASX:GXY), a materials company based in Australia, led the ASX gainers with a relatively large price hike in the past couple of weeks. As a stock withRead More...
Categories: Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Galaxy Resources Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)
The electric vehicle revolution is gathering momentum. Simply put, will there be enough lithium, and lithium in the right chemical composition, to support exponentially growing demand for batteries?