Galway Metals (CVE:GWM) Reaches New 12-Month High – Here’s What Happened

Galway Metals Inc. (CVE:GWMGet Free Report) hit a new 52-week high on Monday . The company traded as high as C$0.88 and last traded at C$0.85, with a volume of 623924 shares changing hands. The stock had previously closed at C$0.82.

Galway Metals Price Performance

The stock has a market capitalization of C$103.67 million, a PE ratio of -8.30 and a beta of 2.72. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.16 and a quick ratio of 4.81. The firm’s 50 day simple moving average is C$0.65 and its 200 day simple moving average is C$0.53.

Galway Metals Company Profile

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

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