Galaxy Resources (OTCMKTS:GALXF) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Galaxy Resources Limited (OTCMKTS:GALXFGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.57 and traded as low as $3.38. Galaxy Resources shares last traded at $3.57, with a volume of 3,700 shares traded.

Galaxy Resources Stock Performance

The stock’s 50-day simple moving average is $3.57 and its two-hundred day simple moving average is $3.57.

About Galaxy Resources

(Get Free Report)

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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