Shares of Galway Metals Inc. (CVE:GWM – Get Free Report) were up 13.4% during trading on Tuesday . The stock traded as high as C$0.95 and last traded at C$0.93. Approximately 421,178 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 497,386 shares. The stock had previously closed at C$0.82.
Galway Metals Price Performance
The stock has a market cap of C$112.41 million, a P/E ratio of -9.00 and a beta of 2.71. 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’s fifty day simple moving average is C$0.70 and its 200-day simple moving average is C$0.59.
Galway Metals Company Profile
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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