Galway Metals (CVE:GWM) Trading Up 5.7% – What’s Next?

Galway Metals Inc. (CVE:GWMGet Free Report) shares were up 5.7% during trading on Wednesday . The company traded as high as C$0.56 and last traded at C$0.56. Approximately 31,062 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 64,925 shares. The stock had previously closed at C$0.53.

Galway Metals Price Performance

The company has a current ratio of 3.11, a quick ratio of 4.81 and a debt-to-equity ratio of 1.00. The firm has a market cap of C$42.86 million, a price-to-earnings ratio of -10.40 and a beta of 1.80. The company has a 50 day moving average of C$0.53 and a 200 day moving average of C$0.50.

About Galway Metals

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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.

Further Reading

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