Galaxy Resources Limited (OTCMKTS:GALXF – Get Free Report)’s stock price dropped 1.9% during mid-day trading on Thursday . The stock traded as low as $3.38 and last traded at $3.57. Approximately 3,700 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 74,379 shares. The stock had previously closed at $3.64.
Galaxy Resources Price Performance
The company has a 50-day simple moving average of $3.57 and a 200-day simple moving average of $3.57.
About Galaxy Resources
Galaxy Resources Ltd. engages in production of lithium concentrate and exploration of mineral properties. It operates through the following segments: Corporate, Australia, Argentina and Canada. The Australia segment includes the development and operation of the Mt Cattlin spodumene mine, and exploration for minerals.
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