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Last €0.02 EUR
Change Today +0.001 / 5.56%
Volume 0.0
LK9 On Other Exchanges
As of 9:31 AM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

galaxy resources ltd (LK9) Snapshot

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52 Week High
05/27/15 - €0.04
52 Week Low
12/17/14 - €0.0010
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Current Stock Chart for GALAXY RESOURCES LTD (LK9)

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galaxy resources ltd (LK9) Details

Galaxy Resources Limited, a lithium-focused resources company, explores and produces lithium carbonate mineral properties. The company’s flagship project is the Sal de Vida lithium and potash brine project in Argentina. It also owns interests in the Mt Cattlin Spodumene mine in Western Australia; and the James Bay lithium pegmatite project in Quebec, Canada. Galaxy Resources Limited is based in West Perth, Australia.

galaxy resources ltd (LK9) Top Compensated Officers

Managing Director, Executive Director and Mem...
Total Annual Compensation: A$260.3K
Chief Financial Officer
Total Annual Compensation: A$18.4K
Executive Director, Member of Special Managem...
Total Annual Compensation: A$260.0K
Company Secretary
Total Annual Compensation: A$11.3K
Compensation as of Fiscal Year 2014.

galaxy resources ltd (LK9) Key Developments

Galaxy Resources Limited Announces Consolidated Cash Flow Results for the Quarter and Year-To-Date Ended June 30, 2015; Provides Cash Flow Guidance

Galaxy Resources Limited announced consolidated cash flow results for the quarter and year-to-date ended June 30, 2015. For the quarter, the company reported negative net operating cash flow of AUD 8,910,000. Payment for purchases of other fixed assets amounted to AUD 1,000. For year-to-date, the company reported negative net operating cash flow of AUD 13,339,000. Payment for purchases of other fixed assets amounted to AUD 1,919,000. For the next quarter, the company expects total cash flow of AUD 2,200,000.

Galaxy Resources Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Galaxy Resources Limited reported audited consolidated earnings results for the year ended December 31, 2014. For the period the company reported revenue of AUD 34,969 against AUD 244,032 for the same period in the last year. Loss before taxation was AUD 29,213,224 against AUD 81,838,068 for the same period in the last year. Loss for the year was AUD 54,703,347 against AUD 107,901,699 for the same period in the last year. Basic and diluted loss per share was 2.80 cents against 11.34 cents for the same period in the last year. Net cash outflow operating activities was AUD 9,825,657 against AUD 18,560,264 for the same period in the last year. Acquisition of property, plant and equipment was AUD 2,122,278 against AUD 6,287,888 for the same period in the last year. Payments for exploration and evaluation assets were AUD 4,792,657 against AUD 8,617,380 for the same period in the last year.

Galaxy Resources Limited Auditor Raises 'Going Concern' Doubt

Galaxy Resources Limited filed its Annual on Mar 31, 2015 for the period ending Dec 31, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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Price/Earnings NM Not Meaningful
Price/Sales 1,115.2x
Price/Book 0.4x
Price/Cash Flow 1.4x
TEV/Sales NM Not Meaningful

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