Galway Metals Inc. (CVE:GWM – Get Free Report) shares fell 13.8% during trading on Saturday . The stock traded as low as C$0.55 and last traded at C$0.56. 949,736 shares traded hands during trading, an increase of 1,090% from the average session 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 price-to-earnings ratio of -7.00 and a beta of 2.44. The company has a debt-to-equity ratio of 1.08, a quick ratio of 4.81 and a current ratio of 3.16. The company has a 50 day moving average of C$0.41 and a 200 day moving average of C$0.42.
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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