GALAXY RESOURCES LTD COMMON SHARES (OTCMKTS:GALXF) Reports Decline in Sellers; Strong Momentum for Longs

Galaxy Resources Limited (OTCMKTS:GALXF) Logo

The stock of GALAXY RESOURCES LTD COMMON SHARES (OTCMKTS:GALXF) registered a decrease of 0.31% in short interest. GALXF’s total short interest was 11.39 million shares in August as published by FINRA. Its down 0.31% from 11.42 million shares, reported previously. With 99,700 shares average volume, it will take short sellers 114 days to cover their GALXF’s short positions.

The stock decreased 2.18% or $0.0181 during the last trading session, reaching $0.81. About 28,000 shares traded. Galaxy Resources Limited (OTCMKTS:GALXF) has 0.00% since August 14, 2018 and is . It has by 0.00% the S&P500.

Galaxy Resources Limited engages in the production of lithium concentrate, and exploration of minerals in Australia, Canada, and Argentina. The company has market cap of $328.53 million. The firm holds interests in the Sal de Vida brine project in Argentina; the Mt Cattlin spodumene mine in Western Australia; and the James Bay spodumene project in Quebec, Canada. It has a 2.21 P/E ratio.

More notable recent Galaxy Resources Limited (OTCMKTS:GALXF) news were published by: which released: “Altura Mining: Steady Progress Being Made, But Headwinds Still Remain – Seeking Alpha” on June 24, 2019, also with their article: “Galaxy Resources Is An Outstanding Buy After Its Recent 20% Fall – Seeking Alpha” published on August 22, 2016, published: “Galaxy Resources: Start Of A Turnaround? – Seeking Alpha” on May 16, 2019. More interesting news about Galaxy Resources Limited (OTCMKTS:GALXF) were released by: and their article: “NRG Metals: Speculative Momentum Play – Seeking Alpha” published on November 02, 2017 as well as‘s news article titled: “10 Lithium Stocks to Buy Despite the Market’s Irrationality –” with publication date: July 23, 2019.

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