Shares of Galway Metals Inc. (CVE:GWM – Get Free Report) dropped 2.6% during mid-day trading on Tuesday . The company traded as low as C$0.38 and last traded at C$0.38. Approximately 95,910 shares were traded during mid-day trading, an increase of 67% from the average daily volume of 57,382 shares. The stock had previously closed at C$0.39.
Galway Metals Price Performance
The company has a current ratio of 2.42, a quick ratio of 4.81 and a debt-to-equity ratio of 1.03. The firm has a market cap of C$28.47 million, a PE ratio of -4.22 and a beta of 1.48. The stock has a 50 day simple moving average of C$0.34 and a 200-day simple moving average of C$0.32.
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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