Galway Metals Inc. (CVE:GWM – Get Free Report) shares were down 3.9% during mid-day trading on Wednesday . The company traded as low as C$0.36 and last traded at C$0.37. Approximately 54,734 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 72,436 shares. The stock had previously closed at C$0.38.
Galway Metals Price Performance
The stock has a fifty day moving average of C$0.39 and a 200-day moving average of C$0.45. 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 capitalization of C$34.25 million, a price-to-earnings ratio of -7.06 and a beta of 1.80.
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.
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