Galway Metals Inc. (CVE:GWM – Get Free Report)’s stock price traded down 7.8% on Thursday . The stock traded as low as C$0.51 and last traded at C$0.54. 1,125,178 shares changed hands during mid-day trading, an increase of 504% from the average session volume of 186,372 shares. The stock had previously closed at C$0.58.
Galway Metals Price Performance
The stock has a market capitalization of C$56.34 million, a P/E ratio of -6.50 and a beta of 2.67. 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 company’s 50-day simple moving average is C$0.65 and its 200-day simple moving average is C$0.50.
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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