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home / news releases / GALXF - Galaxy Resources: The Market Wants To See Some Action


GALXF - Galaxy Resources: The Market Wants To See Some Action

Galaxy Resources (GALXF) has seen its share price crushed over the last few years, coinciding with the devastating bear market in lithium that has sent prices falling, across the board.

Shares of GALXF are down a staggering -49.67% since the start of 2019.

Meanwhile, lithium prices still appear to be trending down, with a "bottom" yet to be found.

Source: Metal Bulletin

Back in early 2018, Morgan Stanley came out with their "infamous" call to expect for lithium prices to fall 45% by 2021.

So far, anyway, it would appear that Morgan Stanley

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Stock Information

Company Name: Galaxy Resources Ltd
Stock Symbol: GALXF
Market: OTC
Website: gxy.com

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