Galway Metals (CVE:GWM) Trading 15.8% Higher – Here’s What Happened

Galway Metals Inc. (CVE:GWMGet Free Report)’s stock price rose 15.8% on Thursday . The company traded as high as C$0.66 and last traded at C$0.66. Approximately 137,000 shares traded hands during mid-day trading, an increase of 334% from the average daily volume of 31,592 shares. The stock had previously closed at C$0.57.

Galway Metals Trading Down 4.6 %

The company’s fifty day moving average is C$0.51 and its 200-day moving average is C$0.54. The stock has a market cap of C$53.15 million, a PE ratio of -12.40 and a beta of 1.80. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.11 and a quick ratio of 4.81.

Galway Metals Company Profile

(Get Free Report)

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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