UBS rates GXY as Buy (1) -
Galaxy Resources intends to ramp up Mt Cattlin to full production rates by the second quarter of 2021. The return to normal operating conditions has allowed Galaxy Resources to guide to spodumene production of 162-175kt.
UBS expects circa 10-50% higher lithium prices in 2021 for all products including spodumene, lithium carbonate and lithium hydroxide.
UBS maintains its Buy rating and raises the target to $3.90 from $3.60.
PLS COULD BE UPGRADED AS WELL
UBS rates GXY as Buy (1) -Galaxy Resources intends to ramp up Mt...
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Last
$4.19 |
Change
0.010(0.24%) |
Mkt cap ! $12.61B | |||
| Open | High | Low | Value | Volume |
| $4.20 | $4.24 | $4.17 | $45.33M | 10.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22127 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.20 | 255294 | 8 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$4.21 |
Change
0.010 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $4.20 | $4.24 | $4.17 | 4071195 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| PLS (ASX) Chart |