Shares of Galway Metals Inc. (CVE:GWM – Get Free Report) were down 13.8% during trading on Friday . The stock traded as low as C$0.55 and last traded at C$0.56. Approximately 949,736 shares were traded during trading, an increase of 1,090% from the average daily volume of 79,816 shares. The stock had previously closed at C$0.65.
Galway Metals Price Performance
The stock has a market capitalization of C$53.42 million, a PE ratio of -7.00 and a beta of 2.44. The firm’s 50 day simple moving average is C$0.41 and its 200 day simple moving average is C$0.42. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.16 and a quick ratio of 4.81.
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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