Galaxy Resources Limited engages in the production of lithium concentrate, and exploration of minerals in Australia, Canada, and Argentina.
Adequate balance sheet and fair value.
Share Price & News
How has Galaxy Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GALX.F has not had significant price volatility in the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: GALX.F underperformed the US Metals and Mining industry which returned -5.7% over the past year.
Return vs Market: GALX.F underperformed the US Market which returned 10.5% over the past year.
Price Volatility Vs. Market
How volatile is Galaxy Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Galaxy Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GALX.F ($0.7) is trading below our estimate of fair value ($4.14)
Significantly Below Fair Value: GALX.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GALX.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: GALX.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GALX.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GALX.F is good value based on its PB Ratio (1.2x) compared to the US Metals and Mining industry average (1.5x).
How is Galaxy Resources forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GALX.F is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GALX.F is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GALX.F is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GALX.F's revenue (23.7% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: GALX.F's revenue (23.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GALX.F is forecast to be unprofitable in 3 years.
How has Galaxy Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GALX.F is currently unprofitable.
Growing Profit Margin: GALX.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GALX.F is unprofitable, and losses have increased over the past 5 years at a rate of -23.4% per year.
Accelerating Growth: Unable to compare GALX.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GALX.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-32.4%).
Return on Equity
High ROE: GALX.F has a negative Return on Equity (-117.82%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Galaxy Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GALX.F's short term assets ($177.9M) exceed its short term liabilities ($52.4M).
Long Term Liabilities: GALX.F's short term assets ($177.9M) exceed its long term liabilities ($22.9M).
Debt to Equity History and Analysis
Debt Level: GALX.F is debt free.
Reducing Debt: GALX.F has no debt compared to 5 years ago when its debt to equity ratio was 199.3%.
Inventory Level: GALX.F has a high level of physical assets or inventory.
Debt Coverage by Assets: GALX.F's debt is covered by short term assets (assets are 5.008340555608E+16x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GALX.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GALX.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Galaxy Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GALX.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GALX.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GALX.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GALX.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GALX.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simon Hay 0
Mr. Simon Hay, BSc (Hons), MAppSc, Grad Dip, MAICD, has been Head of Resource Development at Iluka Resources Limited since March 2016 and served as its General Manager of Zircon since February 2014 until M ...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD476.71K) is below average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.
|Chief Executive Officer||0.6yrs||US$476.71k||no data|
|Executive Director||9.3yrs||US$581.47k||1.6% $4.5m|
|Chief Financial Officer||2.8yrs||US$298.95k||no data|
|Acting Chief Operations Officer||1.8yrs||US$271.24k||no data|
|Director of Corporate Development||3.8yrs||US$242.59k||0.024% $68.7k|
|General Counsel & Company Secretary||2.6yrs||no data||no data|
|Financial Controller of Jiangsu Lithium Carbonate Plant||10.3yrs||no data||no data|
|Project Director||1.1yrs||no data||no data|
|Marketing & Sales Consultant||7.1yrs||no data||no data|
Experienced Management: GALX.F's management team is considered experienced (2.8 years average tenure).
|Executive Director||9.3yrs||US$581.47k||1.6% $4.5m|
|Independent Non-Executive Chairman||6.3yrs||US$484.28k||1.12% $3.1m|
|Independent Non-Executive Director||3.1yrs||US$122.68k||0.028% $79.0k|
|Independent Non-Executive Director||3.1yrs||US$122.68k||0.012% $34.5k|
|Independent Non-Executive Director||1.1yrs||US$90.81k||no data|
|Independent Non-Executive Director||2.1yrs||US$100.00k||no data|
Experienced Board: GALX.F's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Galaxy Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Galaxy Resources Limited
- Ticker: GALX.F
- Exchange: OTCPK
- Founded: 1996
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$425.859m
- Listing Market Cap: AU$281.188m
- Shares outstanding: 409.48m
- Website: https://www.gxy.com
Number of Employees
- Galaxy Resources Limited
- 21 Kintail Road
- Level 4
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GXY||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Feb 2007|
|GALX.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Feb 2007|
|LK9||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Feb 2007|
|GXY||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Feb 2007|
Galaxy Resources Limited engages in the production of lithium concentrate, and exploration of minerals in Australia, Canada, and Argentina. The company holds interests in the Sal de Vida project in Argentina; the Mt Cattlin spodumene project in Western Australia; and the James Bay spodumene project in Quebec, Canada. Galaxy Resources Limited was incorporated in 1996 and is headquartered in Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 01:50|
|End of Day Share Price||2020/02/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.