Shares of Galway Metals Inc. (CVE:GWM – Get Free Report) traded down 3.2% on Wednesday . The stock traded as low as C$0.60 and last traded at C$0.60. 115,450 shares changed hands during trading, a decline of 35% from the average session volume of 178,184 shares. The stock had previously closed at C$0.62.
Galway Metals Trading Up 6.0%
The company has a market cap of C$57.43 million, a PE ratio of -6.63 and a beta of 2.67. The company’s 50 day simple moving average is C$0.65 and its two-hundred day simple moving average is C$0.50. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.16 and a quick ratio of 4.81.
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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