Galway Metals (CVE:GWM) Shares Down 2.6%

Galway Metals Inc. (CVE:GWMGet Free Report)’s share price fell 2.6% during trading on Tuesday . The company traded as low as C$0.38 and last traded at C$0.38. 95,910 shares traded hands during mid-day trading, an increase of 67% from the average session volume of 57,382 shares. The stock had previously closed at C$0.39.

Galway Metals Stock Down 2.6 %

The firm has a 50 day moving average price of C$0.34 and a two-hundred day moving average price of C$0.32. The firm has a market capitalization of C$28.47 million, a price-to-earnings ratio of -4.22 and a beta of 1.48. The company has a current ratio of 2.42, a quick ratio of 4.81 and a debt-to-equity ratio of 1.03.

About Galway Metals

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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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