Galway Metals Inc. (CVE:GWM – Get Free Report)’s share price rose 14% during mid-day trading on Thursday . The company traded as high as C$0.68 and last traded at C$0.65. Approximately 167,500 shares traded hands during trading, an increase of 389% from the average daily volume of 34,235 shares. The stock had previously closed at C$0.57.
Galway Metals Stock Down 4.6 %
The company’s 50-day moving average price is C$0.51 and its 200 day moving average price is C$0.54. The company has a debt-to-equity ratio of 1.00, a quick ratio of 4.81 and a current ratio of 3.11. The stock has a market cap of C$53.15 million, a PE ratio of -12.40 and a beta of 1.80.
Galway Metals Company Profile
Galway Metals Inc engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for gold, zinc, copper, silver, and lead deposits. It holds a 100% interest in the Clarence Stream project located in southwest New Brunswick, Canada; and Estrades mine, related Newiska concessions, and adjacent Casa Berardi claims located in western Quebec, Canada.
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