Galway Metals (CVE:GWM) Sets New 12-Month High – Time to Buy?

Galway Metals Inc. (CVE:GWMGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.88 and last traded at C$0.85, with a volume of 623924 shares. The stock had previously closed at C$0.82.

Galway Metals Price Performance

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 market capitalization of C$108.67 million, a P/E ratio of -8.70 and a beta of 2.72. The firm’s fifty day moving average is C$0.65 and its 200 day moving average is C$0.54.

Galway Metals Company Profile

(Get Free Report)

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. Galway Metals Inc was incorporated in 2012 and is headquartered in Toronto, Canada.

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