Galway Metals (CVE:GWM) Trading Up 15.8% – Time to Buy?

Galway Metals Inc. (CVE:GWMGet Free Report)’s share price traded up 15.8% during mid-day trading on Thursday . The company traded as high as C$0.66 and last traded at C$0.66. 137,000 shares traded hands during mid-day trading, an increase of 334% from the average session volume of 31,592 shares. The stock had previously closed at C$0.57.

Galway Metals Price Performance

The company 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 debt-to-equity ratio of 1.00, a current ratio of 3.11 and a quick ratio of 4.81. The stock’s 50-day moving average is C$0.51 and its 200 day moving average is C$0.54.

Galway Metals Company Profile

(Get Free Report)

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

Receive News & Ratings for Galway Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galway Metals and related companies with MarketBeat.com's FREE daily email newsletter.