Galaxy Resources Limited [ASX:GXY] share price and news 2022

Company 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. Galaxy is focused on the staged development of its flagship brine project, Sal de Vida in Argentina. The wholly owned project is recognised as a tier 1 asset due to its large scale, high grade and superior brine chemistry. Sal de Vida has excellent potential as a low-cost lithium carbonate production facility.

Galaxy Resources Limited belongs to Materials sector and under industry of Diversified Metals & Mining. You can get more information about this company via their website:

This a small cap company with market cap of 1212 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is greater than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 0 2.81 0
Market 1.03 20.6 1.71 1.15
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how gxy dividend grows in the recent years.

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