Shares of Galway Metals Inc. (CVE:GWM – Get Free Report) traded down 9.5% during mid-day trading on Thursday . The stock traded as low as C$0.52 and last traded at C$0.53. 519,771 shares were traded during mid-day trading, an increase of 185% from the average session volume of 182,119 shares. The stock had previously closed at C$0.58.
Galway Metals Stock Down 10.3%
The company has a quick ratio of 4.81, a current ratio of 3.16 and a debt-to-equity ratio of 1.08. The stock has a market cap of C$56.34 million, a PE ratio of -6.50 and a beta of 2.67. The business has a 50 day moving average price of C$0.65 and a 200 day moving average price of C$0.50.
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.
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