Galway Metals Inc. (CVE:GWM – Get Free Report) shares rose 13.4% on Tuesday . The company traded as high as C$0.95 and last traded at C$0.93. Approximately 428,678 shares traded hands during trading, a decline of 14% from the average daily volume of 497,386 shares. The stock had previously closed at C$0.82.
Galway Metals Stock Up 6.1%
The firm’s fifty day moving average is C$0.70 and its 200 day moving average is C$0.59. The firm has a market cap of C$108.67 million, a P/E ratio of -8.70 and a beta of 2.71. The company has a debt-to-equity ratio of 1.08, a quick ratio of 4.81 and a current ratio of 3.16.
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.
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