Galway Metals Inc. (CVE:GWM – Get Free Report)’s stock price was up 19.7% during trading on Friday . The stock traded as high as C$0.73 and last traded at C$0.73. Approximately 629,871 shares changed hands during trading, an increase of 550% from the average daily volume of 96,966 shares. The stock had previously closed at C$0.61.
Galway Metals Trading Up 14.8%
The business’s 50-day moving average price is C$0.49 and its two-hundred day moving average price is C$0.43. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.16 and a quick ratio of 4.81. The company has a market capitalization of C$75.85 million, a P/E ratio of -8.75 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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