Galway Metals Inc. (CVE:GWM – Get Free Report) fell 13.8% during mid-day trading on Saturday . The company traded as low as C$0.55 and last traded at C$0.56. 949,736 shares were traded 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 Trading Down 13.8%
The business has a 50 day moving average of C$0.41 and a 200-day moving average 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. The firm has a market capitalization of C$53.42 million, a P/E ratio of -7.00 and a beta of 2.44.
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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