Galaxy Resources (OTCMKTS:GALXF) Stock Price Up 4.4%

Shares of Galaxy Resources Limited (OTCMKTS:GALXF) rose 4.4% on Tuesday . The company traded as high as $0.61 and last traded at $0.61, approximately 24,862 shares traded hands during trading. An increase of 38% from the average daily volume of 18,001 shares. The stock had previously closed at $0.58.

The stock has a 50 day moving average price of $0.66 and a two-hundred day moving average price of $0.81.

Galaxy Resources Company Profile (OTCMKTS:GALXF)

Galaxy Resources Limited engages in the production of lithium concentrate, and exploration of minerals in Australia, Canada, and Argentina. The company holds interests in the Sal de Vida project in Argentina; the Mt Cattlin spodumene project in Western Australia; and the James Bay spodumene project in Quebec, Canada.

See Also: The benefits and drawbacks of dollar cost averaging

Receive News & Ratings for Galaxy Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galaxy Resources and related companies with MarketBeat.com's FREE daily email newsletter.