Insider Buying: Galway Metals (CVE:GWM) Director Acquires 46,000 Shares of Stock

Galway Metals Inc. (CVE:GWM) Director Robert Hinchcliffe acquired 46,000 shares of Galway Metals stock in a transaction dated Monday, August 17th. The stock was purchased at an average cost of C$0.57 per share, for a total transaction of C$26,220.00. Following the completion of the purchase, the director directly owned 8,838,746 shares in the company, valued at approximately C$5,038,085.22. This represents a 0.52% increase in their ownership of the stock.

Robert Hinchcliffe also recently made the following trade(s):

• On Thursday, August 13th, Robert Hinchcliffe bought 20,000 shares of Galway Metals stock. The shares were purchased at an average price of C$0.54 per share, with a total value of C$10,800.00.
• On Friday, July 31st, Robert Hinchcliffe bought 15,000 shares of Galway Metals stock. The shares were acquired at an average cost of C$0.45 per share, with a total value of C$6,750.00.
• On Thursday, July 30th, Robert Hinchcliffe purchased 10,000 shares of Galway Metals stock. The stock was acquired at an average price of C$0.45 per share, for a total transaction of C$4,500.00.
• On Monday, July 27th, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The shares were acquired at an average cost of C$0.72 per share, for a total transaction of C$10,800.00.
• On Friday, July 24th, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The shares were acquired at an average cost of C$0.48 per share, for a total transaction of C$7,200.00.
• On Wednesday, July 22nd, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.49 per share, with a total value of C$7,350.00.
• On Tuesday, July 21st, Robert Hinchcliffe acquired 8,500 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.48 per share, with a total value of C$4,080.00.
• On Monday, July 20th, Robert Hinchcliffe acquired 6,500 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.48 per share, with a total value of C$3,120.00.
• On Monday, July 20th, Robert Hinchcliffe bought 10,000 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.48 per share, for a total transaction of C$4,800.00.
• On Friday, July 17th, Robert Hinchcliffe bought 15,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.45 per share, for a total transaction of C$6,750.00.

Galway Metals Stock Performance

Galway Metals stock traded down C$0.03 during trading on Tuesday, reaching C$0.53. 485,223 shares of the company’s stock were exchanged, compared to its average volume of 473,662. The company’s 50-day moving average is C$0.52 and its two-hundred day moving average is C$0.60. Galway Metals Inc. has a 52-week low of C$0.38 and a 52-week high of C$1.01. The firm has a market cap of C$69.82 million, a price-to-earnings ratio of -6.62 and a beta of 2.78.

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. Galway Metals Inc was incorporated in 2012 and is headquartered in Toronto, Canada.