Galway Metals Inc. (CVE:GWM – Get Free Report)’s share price was down 13.8% on Saturday . The company traded as low as C$0.55 and last traded at C$0.56. Approximately 949,736 shares traded hands during trading, an increase of 1,090% from the average daily volume of 79,816 shares. The stock had previously closed at C$0.65.
Galway Metals Price Performance
The firm has a market capitalization of C$53.42 million, a price-to-earnings ratio of -7.00 and a beta of 2.44. The business has a 50-day moving average price of C$0.41 and a two-hundred day moving average price of C$0.42. The company has a current ratio of 3.16, a quick ratio of 4.81 and a debt-to-equity ratio of 1.08.
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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