Galway Metals (CVE:GWM) Hits New 52-Week High at $0.70

Galway Metals Inc. (CVE:GWMGet 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

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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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