Galway Metals Inc. (CVE:GWM – Get Free Report)’s share price was up 14% 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 mid-day 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 Trading Up 14.0 %
The firm has a market cap of C$55.72 million, a P/E ratio of -13.00 and a beta of 1.80. The company’s 50 day simple moving average is C$0.50 and its 200-day simple moving average is C$0.54. The company has a quick ratio of 4.81, a current ratio of 3.11 and a debt-to-equity ratio of 1.00.
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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