Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Galan Lithium Limited acquires, explores for, evaluates, and develops mineral projects. It primarily explores for lithium and other deposits. The company holds 100% interests in the Hombre Muerto West project that comprises seven concessions covering an area of approximately 11,600 hectares located in the Catamarca province in Argentina; and the Candelas comprises fourteen exploration permits project covering an area of 24,072 hectares located in the Catamarca province, Argentina. It also holds 80% interest in the Greenbushes South lithium project covering an area of approximately 353 square kilometers located to the south of the Greenbushes mine. The company was formerly known as Dempsey Minerals Limited and changed its name to Galan Lithium Limited in August 2018. Galan Lithium Limited was incorporated in 2011 and is based in West Perth, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks.
Target Price
The average target price of GLN.AX is 0.25 and suggests 32% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
Buy
Sell