Galan Lithium Limited (GLNLF)
Galan Lithium Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.26, up 25.02% on the session, giving a market capitalisation of $332.5M. On trailing twelve-month figures it carries a trailing P/E of -40.00, a net margin of 0.0%. Its beta of 0.89 implies it has historically moved less than the broad market.
Galan Lithium Limited is an Australian company dedicated to identifying, acquiring, assessing, and advancing various mineral ventures, with a primary focus on lithium and other valuable deposits. The firm wholly owns two significant projects within Argentina's Catamarca province: the Hombre Muerto West project, encompassing seven concessions that span roughly 11,600 hectares, and the Candelas project, which comprises fourteen exploration permits covering 24,072 hectares. Furthermore, Galan Lithium holds an 80% stake in the Greenbushes South lithium project, an area of approximately 353 square kilometers situated directly south of the well-known Greenbushes mine. Established in 2011 and headquartered in West Perth, Australia, the company operated as Dempsey Minerals Limited until its rebranding to Galan Lithium Limited in August 2018.
Galan Lithium Limited is most often compared with the following Basic Materials names: