Galway Metals Inc. (CVE:GWM – Get Free Report) shot up 14% during mid-day trading on Thursday . The stock traded as high as C$0.68 and last traded at C$0.65. 167,500 shares traded hands during mid-day trading, an increase of 389% from the average session volume of 34,235 shares. The stock had previously closed at C$0.57.
Galway Metals Trading Down 4.6 %
The stock has a market cap of C$53.15 million, a PE ratio of -12.40 and a beta of 1.80. The company has a quick ratio of 4.81, a current ratio of 3.11 and a debt-to-equity ratio of 1.00. The stock’s fifty day moving average price is C$0.51 and its 200 day moving average price 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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