Galaxy Resources (ASX:GXY) share price jumps on merger news
The Galaxy Resources Limited (ASX: GXY) share price has increased following a quarterly report and merger proposal update from the Aussie lithium miner.
Why is the Galaxy Resources share price moving?
At the time of writing, the Galaxy Resources share price is trading 1.66% higher at $3.67 after the company’s March 2021 quarterly activities report and a new mega-merger announcement.
In earlier trade, shares in the Aussie lithium miner jumped as high as $3.75 after news of the proposed merger of…