Galway Metals Inc. (CVE:GWM – Get Free Report)’s share price traded down 8.6% during mid-day trading on Thursday . The company traded as low as C$0.52 and last traded at C$0.53. 493,083 shares were traded during trading, an increase of 171% from the average session volume of 182,058 shares. The stock had previously closed at C$0.58.
Galway Metals Price Performance
The company has a market capitalization of C$57.43 million, a P/E ratio of -6.63 and a beta of 2.67. The company has a current ratio of 3.16, a quick ratio of 4.81 and a debt-to-equity ratio of 1.08. The company 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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