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Galaxy Resources

OTCPK:GALX.F
Snowflake Description

Flawless balance sheet with outstanding track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GALX.F
OTCPK
A$666M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Galaxy Resources Limited engages in the production of lithium concentrate, and exploration of minerals in Australia, Canada, and Argentina. The last earnings update was 51 days ago. More info.


Add to Portfolio Compare Print
  • Galaxy Resources has significant price volatility in the past 3 months.
GALX.F Share Price and Events
7 Day Returns
-8%
OTCPK:GALX.F
-1%
US Metals and Mining
0.8%
US Market
1 Year Returns
-47.6%
OTCPK:GALX.F
-21.4%
US Metals and Mining
5.9%
US Market
GALX.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Galaxy Resources (GALX.F) -8% -15.1% -24.2% -47.6% 266.3% 2905%
US Metals and Mining -1% 3% 10.4% -21.4% 18.3% -9.5%
US Market 0.8% 2.6% 10.6% 5.9% 37.7% 45.5%
1 Year Return vs Industry and Market
  • GALX.F underperformed the Metals and Mining industry which returned -21.4% over the past year.
  • GALX.F underperformed the Market in United States of America which returned 5.9% over the past year.
Price Volatility
GALX.F
Industry
5yr Volatility vs Market

GALX.F Value

 Is Galaxy Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Galaxy Resources. This is due to cash flow or dividend data being unavailable. The share price is $1.205.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Galaxy Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Galaxy Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:GALX.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.37
ASX:GXY Share Price ** ASX (2019-04-18) in AUD A$1.64
ASX:GXY Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.715 $1.17
United States of America Metals and Mining Industry PE Ratio Median Figure of 43 Publicly-Listed Metals and Mining Companies 8.88x
United States of America Market PE Ratio Median Figure of 3,078 Publicly-Listed Companies 18.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Galaxy Resources.

OTCPK:GALX.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:GXY Share Price ÷ EPS (both in USD)

= 1.17 ÷ 0.37

3.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Galaxy Resources is good value based on earnings compared to the US Metals and Mining industry average.
  • Galaxy Resources is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Galaxy Resources's expected growth come at a high price?
Raw Data
OTCPK:GALX.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
-79.9%per year
United States of America Metals and Mining Industry PEG Ratio Median Figure of 24 Publicly-Listed Metals and Mining Companies 0.68x
United States of America Market PEG Ratio Median Figure of 2,108 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

OTCPK:GALX.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 3.17x ÷ -79.9%

-0.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Galaxy Resources earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Galaxy Resources's assets?
Raw Data
OTCPK:GALX.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.36
ASX:GXY Share Price * ASX (2019-04-18) in AUD A$1.64
ASX:GXY Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.715 $1.17
United States of America Metals and Mining Industry PB Ratio Median Figure of 99 Publicly-Listed Metals and Mining Companies 1.57x
United States of America Market PB Ratio Median Figure of 5,172 Publicly-Listed Companies 1.93x
OTCPK:GALX.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:GXY Share Price ÷ Book Value per Share (both in USD)

= 1.17 ÷ 1.36

0.86x

* Primary Listing of Galaxy Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Galaxy Resources is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Galaxy Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Galaxy Resources has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GALX.F Future Performance

 How is Galaxy Resources expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-79.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Galaxy Resources expected to grow at an attractive rate?
  • Galaxy Resources's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Galaxy Resources's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Galaxy Resources's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:GALX.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:GALX.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts -79.9%
OTCPK:GALX.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 4.7%
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:GALX.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:GALX.F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 175 62 54 8
2020-12-31 168 65 26 9
2019-12-31 154 44 23 9
OTCPK:GALX.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 154 58 150
2018-09-30 164 63 83
2018-06-30 170 67 17
2018-03-31 135 56 8
2017-12-31 96 44 0
2017-09-30 55 25 18
2017-06-30 11 6 35
2017-03-31 6 4 64
2016-12-31 2 89
2016-06-30 0 0 53
2016-03-31 0 -3 21

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Galaxy Resources's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Galaxy Resources's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:GALX.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Galaxy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:GALX.F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.08 0.13 0.03 2.00
2020-12-31 0.04 0.06 0.00 4.00
2019-12-31 0.05 0.07 0.03 2.00
OTCPK:GALX.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.37
2018-09-30 0.21
2018-06-30 0.04
2018-03-31 0.02
2017-12-31 0.00
2017-09-30 0.05
2017-06-30 0.10
2017-03-31 0.20
2016-12-31 0.30
2016-06-30 0.22
2016-03-31 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Galaxy Resources is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Galaxy Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Galaxy Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GALX.F Past Performance

  How has Galaxy Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Galaxy Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Galaxy Resources has delivered over 20% year on year earnings growth in the past 5 years.
  • Galaxy Resources's 1-year earnings growth exceeds its 5-year average (118185.8% vs 63.9%)
  • Galaxy Resources's earnings growth has exceeded the US Metals and Mining industry average in the past year (118185.8% vs 70%).
Earnings and Revenue History
Galaxy Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Galaxy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:GALX.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 153.93 150.22 14.31
2018-09-30 163.68 83.41 17.84
2018-06-30 170.04 16.59 20.74
2018-03-31 135.15 8.36 19.63
2017-12-31 96.29 0.13 17.79
2017-09-30 55.14 18.06 13.12
2017-06-30 11.31 35.21 7.79
2017-03-31 5.65 64.40 6.79
2016-12-31 88.79 5.48
2016-06-30 0.00 52.60 4.38
2016-03-31 0.02 21.29 5.89
2015-12-31 0.04 -11.08 6.88
2015-06-30 0.03 -26.88 7.84
2015-03-31 0.01 -24.44 7.29
2014-12-31 -23.88 7.31
2014-09-30 0.11 -45.07 9.01
2014-06-30 0.25 -69.65 11.01
2014-03-31 0.23 -72.18 11.10
2013-12-31 0.22 -73.19 10.97
2013-09-30 1.87 -83.06 13.44
2013-06-30 3.43 -87.77 15.09
2013-03-31 9.82 -118.99 26.52
2012-12-31 9.80 -132.79 29.97
2012-09-30 7.94 -113.03 28.35
2012-06-30 6.01 -92.10 26.38

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Galaxy Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Galaxy Resources used its assets more efficiently than the US Metals and Mining industry average last year based on Return on Assets.
  • Galaxy Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Galaxy Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Galaxy Resources has a total score of 6/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GALX.F Health

 How is Galaxy Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Galaxy Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Galaxy Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Galaxy Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Galaxy Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Galaxy Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Galaxy Resources Company Filings, last reported 3 months ago.

OTCPK:GALX.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 553.65 0.00 24.76
2018-09-30 553.65 0.00 24.76
2018-06-30 437.85 0.00 45.12
2018-03-31 437.85 0.00 45.12
2017-12-31 445.95 0.00 46.63
2017-09-30 448.23 0.00 46.87
2017-06-30 410.03 9.72 30.97
2017-03-31 408.12 9.67 30.83
2016-12-31 342.02 29.10 6.74
2016-06-30 129.52 21.42 9.52
2016-03-31 133.62 22.10 9.83
2015-12-31 74.87 20.60 3.47
2015-06-30 78.48 49.60 33.04
2015-03-31 77.78 49.16 32.74
2014-12-31 40.97 82.84 10.96
2014-09-30 43.80 88.56 11.71
2014-06-30 69.77 60.66 2.34
2014-03-31 68.59 59.63 2.30
2013-12-31 93.11 57.87 2.29
2013-09-30 97.32 60.48 2.40
2013-06-30 136.81 176.93 1.32
2013-03-31 155.55 201.17 1.50
2012-12-31 172.59 174.58 8.01
2012-09-30 172.48 174.47 8.01
2012-06-30 111.95 146.73 17.77
  • Galaxy Resources has no debt.
  • Galaxy Resources has no debt compared to 5 years ago when it was 62.3%.
  • Galaxy Resources has no debt, it does not need to be covered by operating cash flow.
  • Galaxy Resources has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Galaxy Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Galaxy Resources has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GALX.F Dividends

 What is Galaxy Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Galaxy Resources dividends. Estimated to be 0.35% next year.
If you bought $2,000 of Galaxy Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Galaxy Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Galaxy Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:GALX.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:GALX.F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.01 4.00
2020-12-31 0.00 4.00
2019-12-31 0.00 4.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Galaxy Resources has not reported any payouts.
  • Unable to verify if Galaxy Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Galaxy Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Galaxy Resources has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Galaxy Resources's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Galaxy Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Galaxy Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Galaxy Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GALX.F Management

 What is the CEO of Galaxy Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Anthony Tse
COMPENSATION $1,333,998
AGE 47
TENURE AS CEO 5.8 years
CEO Bio

Mr. Anthony Peter Tse has been Managing Director of Galaxy Resources Limited since June 11, 2013 and serves as its Chief Executive Officer. Mr. Tse has been the Chief Executive Officer of Cosmedia Group Holdings Limited since August 28, 2008. He serves as the Managing Director and Executive Director of Lithium One Inc. He has been an Executive Director of Galaxy Resources Limited since October 13, 2010. Prior to Cosmedia, Mr. Tse served in various management capacities with the TOM Group ('TOM') for over 8 years. He served as the Chief Executive Officer of CSN Corporation. He served as the President of China Entertainment Television and also its Director of Corporate Development - overseeing strategy and development for the Group, as well as some of the M&A activities in the Online, Publishing and TV & Entertainment sectors across Mainland China, Hong Kong and Taiwan; and Deputy General Manager of TOM.COM (formerly known as TOM Online), in Mainland China. Before joining TOM, Mr. Tse spent over 5 years at News Corp's STAR TV and was with Citibank in London before returning to Hong Kong in 1992. He holds active capacities with various industry groups. He has been Director at General Mining Corporation Limited since August 5, 2016. Mr. Tse serves as a Board Director and member of the Council of Governors for The Cable & Satellite Broadcasting Association of Asia ('CASBAA'); Digital Information Technology Committee member for the Hong Kong General Chamber of Commerce and Advisory Board member for Music Matters, a leading music and entertainment industry event in Asia.

CEO Compensation
  • Anthony's compensation has been consistent with company performance over the past year.
  • Anthony's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Galaxy Resources management team in years:

2.5
Average Tenure
  • The tenure for the Galaxy Resources management team is about average.
Management Team

Anthony Tse

TITLE
CEO, MD & Executive Director
COMPENSATION
$1M
AGE
47
TENURE
5.8 yrs

Alan Rule

TITLE
Chief Financial Officer
COMPENSATION
$566K
AGE
56
TENURE
2 yrs

Brian Talbot

TITLE
Acting Chief Operations Officer
COMPENSATION
$373K
TENURE
0.9 yrs

Nick Rowley

TITLE
Director of Corporate Development
COMPENSATION
$444K
TENURE
3 yrs

John Sanders

TITLE
General Counsel & Company Secretary
TENURE
1.8 yrs

Laura Lu

TITLE
Financial Controller of Jiangsu Lithium Carbonate Plant
TENURE
9.4 yrs

Mike Nelson

TITLE
Project Director
TENURE
0.3 yrs

Joe Lowry

TITLE
Marketing & Sales Consultant
TENURE
6.3 yrs
Board of Directors Tenure

Average tenure and age of the Galaxy Resources board of directors in years:

2.3
Average Tenure
56
Average Age
  • The average tenure for the Galaxy Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Martin Rowley

TITLE
Independent Non-Executive Chairman
COMPENSATION
$940K
AGE
63
TENURE
5.4 yrs

Anthony Tse

TITLE
CEO, MD & Executive Director
COMPENSATION
$1M
AGE
47
TENURE
8.5 yrs

Peter Bacchus

TITLE
Independent Non-Executive Director
COMPENSATION
$180K
AGE
49
TENURE
2.3 yrs

John Stephen Turner

TITLE
Independent Non-Executive Director
COMPENSATION
$180K
AGE
56
TENURE
2.3 yrs

Florencia Heredia

TITLE
Independent Non-Executive Director
COMPENSATION
$100K
TENURE
1.3 yrs

Alan Fitzpatrick

TITLE
Independent Non-Executive Director
AGE
68
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
30. Aug 18 Sell New York Life Investment Management LLC Company 02. Mar 18 28. Aug 18 -6,148,927 $2.29 $-14,069,348
30. Aug 18 Buy New York Life Investment Management LLC Company 19. Apr 18 28. Aug 18 10,669,025 $2.21 $23,529,372
03. Aug 18 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 25. Jul 18 31. Jul 18 -1,088,149 $2.25 $-2,442,652
03. Aug 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 25. Jul 18 31. Jul 18 827,803 $2.28 $1,842,144
27. Jul 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 17. Jul 18 24. Jul 18 397,281 $2.28 $904,483
19. Jul 18 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 11. Jul 18 16. Jul 18 -2,725,399 $2.41 $-173,201
19. Jul 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 11. Jul 18 16. Jul 18 180,812 $2.42 $436,885
13. Jul 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 12. Mar 18 10. Jul 18 15,418,056 $2.46 $37,802,813
13. Jul 18 Buy Morgan Stanley Investment Management Inc. Company 19. Jun 18 19. Jun 18 1,502 $2.32 $3,479
X
Management checks
We assess Galaxy Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Galaxy Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GALX.F News

Simply Wall St News

GALX.F Company Info

Description

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 is headquartered in Perth, Australia.

Details
Name: Galaxy Resources Limited
GALX.F
Exchange: OTCPK
Founded:
A$476,338,132
407,524,024
Website: http://www.gxy.com
Address: Galaxy Resources Limited
21 Kintail Road,
Level 4,
Perth,
Western Australia, 6153,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX GXY Ordinary Shares Australian Securities Exchange AU AUD 06. Feb 2007
OTCPK GALX.F Ordinary Shares Pink Sheets LLC US USD 06. Feb 2007
DB LK9 Ordinary Shares Deutsche Boerse AG DE EUR 06. Feb 2007
Number of employees
Current staff
Staff numbers
0
Galaxy Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 00:19
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.