Galaxy Resources Limited (GXY) - Research

$1.635
Prices as at 16:40, 18 Apr 2019

GXY Current Share Price+

Current Price $1.635
Open $1.785
High $1.785
Low $1.520
Last Close $1.635
Volume 20345161
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

GXY General Information

Galaxy Resources Limited
GXY
http://www.galaxylithium.com
Diversified Metals & Mining
666
408

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 7.20 -11.70% 22.80 0.00 0.00% 0.0%
2019 F 0.00 8.10 -84.30% 20.10 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) $112,826M 0.4448 0.0844 0.0541 15.3458 14.1511 13.4249 4.17% 6.83% 5.44%
Galaxy Resources (GXY) $754M 0.0000 -0.8432 -0.1170 3.5721 22.7833 25.8020 0.00% 0.00% 0.00%
Iluka Resources (ILU) $3,807M 2.7345 0.1786 -0.1474 11.6048 9.8459 11.5483 3.22% 3.02% 3.36%
Rio Tinto (RIO) $35,785M 0.1465 0.2364 -0.1941 13.3881 10.8285 13.4369 8.08% 6.44% 5.21%
South32 (S32) $17,684M 0.2485 0.0744 -0.2688 9.4279 8.7750 12.0000 4.05% 6.07% 4.66%

GXY Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 3.00 4.22 0.85 0.00
Market 0.93 16.70 1.52 1.50
Sector 1.51 13.10 1.33 0.66

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
Mark Pensabene Chief Operating Officer
John Sanders Company Secretary,General Counsel
Nicholas Rowley Director Corporate Development

GXY Substantial Shareholders

Holding Name
32,066,652 (7.87%) 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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