Galway Metals (CVE:GWM) Shares Up 1.9% – Still a Buy?

Galway Metals Inc. (CVE:GWMGet Free Report) shares traded up 1.9% on Wednesday . The stock traded as high as C$0.53 and last traded at C$0.53. 43,269 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 63,278 shares. The stock had previously closed at C$0.52.

Galway Metals Trading Up 1.9 %

The company has a market cap of C$45.43 million, a PE ratio of -10.60 and a beta of 1.80. 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 fifty day moving average of C$0.50 and a two-hundred day moving average of C$0.51.

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.

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