Galway Metals Inc. (CVE:GWM – Get Free Report)’s stock price rose 14% during trading on Thursday . The company traded as high as C$0.68 and last traded at C$0.65. Approximately 167,500 shares traded hands during trading, an increase of 389% from the average daily volume of 34,235 shares. The stock had previously closed at C$0.57.
Galway Metals Stock Up 14.0 %
The stock has a market cap of C$55.72 million, a price-to-earnings ratio of -13.00 and a beta of 1.80. The company has a debt-to-equity ratio of 1.00, a quick ratio of 4.81 and a current ratio of 3.11. The firm’s 50-day simple moving average is C$0.50 and its two-hundred day simple moving average is C$0.54.
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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