Galway Metals Inc. (CVE:GWM – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.70 and last traded at C$0.65, with a volume of 65333 shares traded. The stock had previously closed at C$0.60.
Galway Metals Trading Up 13.3 %
The business’s 50 day simple moving average is C$0.48 and its 200 day simple moving average is C$0.40. The stock has a market cap of C$58.29 million, a price-to-earnings ratio of -13.40 and a beta of 1.76. The company has a quick ratio of 4.81, a current ratio of 3.11 and a debt-to-equity ratio of 1.00.
About Galway Metals
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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