How to buy Galaxy Resources shares
Own Galaxy Resources shares in just a few minutes.
Galaxy Resources Limited is an other industrial metals & mining business based in Australia. Galaxy Resources shares (GXY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Galaxy Resources has a trailing 12-month revenue of around $64.8 million.
How to buy shares in Galaxy Resources
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Galaxy Resources. Find the share by name or ticker symbol: GXY. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Galaxy Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $N/A, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Galaxy Resources. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Galaxy Resources key stats
- Compare share trading platforms
- Is Galaxy Resources stock a buy or sell?
- Galaxy Resources performance over time
- Are Galaxy Resources shares over-valued?
- Galaxy Resources's financials
- How volatile are Galaxy Resources shares?
- Does Galaxy Resources pay a dividend?
- Have Galaxy Resources shares ever split?
- Other common questions
Galaxy Resources share priceUse our graph to track the performance of GXY stocks over time.
Galaxy Resources shares at a glance
|52-week range||AUDA$0.685 - AUDA$1.615|
|50-day moving average||AUDA$1.2956|
|200-day moving average||AUDA$0.959|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$0.366|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Galaxy Resources stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is Galaxy Resources under- or over-valued?
Valuing Galaxy Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Galaxy Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Galaxy Resources's P/E ratio
Galaxy Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Galaxy Resources shares trade at around 4x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Galaxy Resources's EBITDA
Galaxy Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.4 million.
The EBITDA is a measure of a Galaxy Resources's overall financial performance and is widely used to measure a its profitability.
Galaxy Resources financials
|Revenue TTM||$64.8 million|
|Gross profit TTM||$-35,020,000|
|Return on assets TTM||-26.51%|
|Return on equity TTM||-45.4%|
|Market capitalisation||$458.6 million|
TTM: trailing 12 months
Galaxy Resources share dividends
We're not expecting Galaxy Resources to pay a dividend over the next 12 months.
Have Galaxy Resources's shares ever split?
Galaxy Resources's shares were split on a 1:5 basis on 21 May 2017. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Galaxy Resources shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Galaxy Resources shares which in turn could have impacted Galaxy Resources's share price.
Galaxy Resources share price volatility
Over the last 12 months, Galaxy Resources's shares have ranged in value from as little as $0.685 up to $1.615. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Galaxy Resources's is 0.7584. This would suggest that Galaxy Resources's shares are less volatile than average (for this exchange).
Galaxy Resources overview
Galaxy Resources Limited engages in the production of lithium concentrate and exploration of minerals in Australia, Canada, and Argentina. It holds interests in the Sal de Vida project in Argentina; the Mt Cattlin spodumene project in Western Australia; and the James Bay project in Quebec, Canada. The company was incorporated in 1996 and is headquartered in Perth, Australia.
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