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Galaxy Resources owns the Mt Cattlin lithium mine near Ravensthorpe.

Galaxy raises $61m for Americas ventures

Galaxy Resources has set the bar for the largest capital raising undertaken by a WA-based company for 2017, announcing a $61 million capital raising to fund development work at its Sal de Vida lithium project in Argentina.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
200thMillennium Minerals6%-2%
529thAlkane Resources-41%-11%
546thGalaxy Resources-43%56%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

21/12/17
$140k Bought
21/12/17
$626k Other
18/07/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

28th↑Alkane Resources$130.3m
29th↑Galaxy Resources$128.1m
31st↑Troy Resources$116.5m
32nd↓Millennium Minerals$116.0m
513 listed resources companies ranked by revenue.
Source: Morningstar

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