Galaxy Resources Limited (GXY) - Research

$1.383 0.013 (0.91%)

GXY General Information +

ASX Code GXY
Website http://www.gxy.com
GICS Sub-Industry Diversified Metals & Mining
Market Cap ($M) 565
Current Price $1.383
Day High $1.392
Day Low $1.360
Last Close $1.370
Price Movement $0.01 ( 0.91% )
Prices as at 11:10, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

GXY Company Overview

Business Description

Galaxy Resources Limited (GXY) is an international S&P / ASX 200 Index company with lithium production facilities, hard rock mines and brine assets in Australia, Canada and Argentina. It wholly owns and operates the James Bay lithium pegmatite project in Quebec, Canada and the Mt Cattlin mine in Ravensthorpe Western Australia, which is currently producing spodumene and tantalum concentrate. Galaxy is advancing plans to develop the Sal de Vida lithium and potash brine project in Argentina situated in the lithium triangle (where Chile, Argentina and Bolivia meet).

GXY Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 0.00 6.80 91.00% 20.20 0.00 0.00% 0.0%
2019 F 0.00 3.60 -93.20% 38.60 0.00 0.00% 0.0%
2018 A 212.84 51.80 0.00% 5.70 0.00 0.00% 0.0%

GXY Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
BHP Group (BHP) $118,305M 0.4448 0.0675 0.1694 16.0910 15.0734 12.8904 3.98% 6.44% 5.59%
Galaxy Resources (GXY) $577M 0.0000 -0.9315 0.9099 2.7225 39.7183 20.7965 0.00% 0.00% 0.00%
Iluka Resources (ILU) $4,369M 2.7345 0.1520 -0.1263 13.3179 11.5608 13.2327 2.80% 2.55% 2.93%
Rio Tinto (RIO) $38,555M 0.1465 0.3439 -0.1417 14.4242 10.7328 12.5044 7.50% 6.52% 5.53%
South32 (S32) $15,914M 0.2485 0.0747 -0.2397 8.5146 7.9230 10.4208 4.48% 5.92% 5.51%

GXY Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 3.00 4.67 0.71 0.00
Market 0.88 17.10 1.49 1.65
Sector 1.41 12.60 1.22 0.71

GXY Directors

Name Position Start Date
Mr Anthony Peter Tse Chief Executive Officer, Managing Director 13 Oct 2010
Mr Martin Ronald Rowley Non-Executive Chairman, Non-Executive Director 28 Nov 2013
Mr John Robert Turner Non-Executive Director 3 Jan 2017
Mr Alan Fitzpatrick Non-Executive Director 16 Jan 2019
Mr Peter Bacchus Non-Executive Director 3 Jan 2017
Ms Florencia Heredia Non-Executive Director 1 Jan 2018

GXY Management

Name Position
Alan Rule Chief Financial Officer
John Sanders Company Secretary,General Counsel
Nicholas Rowley Director Corporate Development

GXY Substantial Shareholders

Holding Name
36,642,243 (8.99%) Ausbil Investment Management Limited
26,185,202 (6.62%) BlackRock Group

GXY Calendar of Events

Date Event
16 April 2020 Report (Quarterly)
14 April 2020 Report (Annual)
27 February 2020 Report (Prelim)
23 January 2020 Report (Quarterly)
17 October 2019 Report (Quarterly)
29 August 2019 Report (Interim)
15 July 2019 Report (Quarterly)

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