GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Reports - December 2017, page-151

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    I look after a friends Aus Super acc. UBS shows $3.60
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    More on GXY in SMH @ the close yesterday.
    Stockwatch - Galaxy


    Galaxy Resources fell 4.2 per cent to $4.07, with the move paring year-to-date gains to 6.3 per cent and amid a broad move lower for the mining sector. The lithium miner told shareholders on Tuesday that it had produced 155,679 tonne of spodumene concentrate in 2017, just shy of its 160,000 tonne target. Galaxy shares rose 38 per cent over the course of 2017. A raft of analyst reports on the firm emerged on Wednesday. "Finding a development partner for Sal de Vida and continue exploration success at James Bay remain key catalysts for Galaxy over calendar year 2018," Macquarie mining analysts said. "Lifting recovery at Mt Cattlin will also be an important step in achieving our estimates."
 
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