Galway Metals (CVE:GWM) Director Buys C$10,800.00 in Stock

Key Points

• Director Robert Hinchcliffe bought 20,000 Galway Metals shares at C$0.54 each, investing C$10,800 and increasing his stake by 0.23% to 8,792,746 shares.
• The purchase continues a series of insider acquisitions by Hinchcliffe since mid-July, indicating sustained buying activity.
• Galway Metals shares rose 5.7% to C$0.56 during Friday trading. The stock has a C$73.77 million market capitalization and has traded between C$0.38 and C$1.01 over the past year.

Galway Metals Inc. (CVE:GWM - Get Free Report) Director Robert Hinchcliffe purchased 20,000 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The stock was acquired at an average price of C$0.54 per share, for a total transaction of C$10,800.00. Following the acquisition, the director owned 8,792,746 shares in the company, valued at C$4,748,082.84. This trade represents a 0.23% increase in their position.

Robert Hinchcliffe also recently made the following trade(s):

• On Friday, July 31st, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.45 per share, with a total value of C$6,750.00.
• On Thursday, July 30th, Robert Hinchcliffe acquired 10,000 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.45 per share, for a total transaction of C$4,500.00.
• On Monday, July 27th, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The stock was acquired at an average price of C$0.72 per share, for a total transaction of C$10,800.00.
• On Friday, July 24th, Robert Hinchcliffe bought 15,000 shares of Galway Metals stock. The shares were acquired at an average cost of C$0.48 per share, with a total value of C$7,200.00.
• On Wednesday, July 22nd, Robert Hinchcliffe bought 15,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.49 per share, with a total value of C$7,350.00.
• On Tuesday, July 21st, Robert Hinchcliffe purchased 8,500 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.48 per share, for a total transaction of C$4,080.00.
• On Monday, July 20th, Robert Hinchcliffe purchased 6,500 shares of Galway Metals stock. The shares were bought at an average cost of C$0.48 per share, for a total transaction of C$3,120.00.
• On Monday, July 20th, Robert Hinchcliffe purchased 10,000 shares of Galway Metals stock. The shares were bought at an average cost of C$0.48 per share, for a total transaction of C$4,800.00.
• On Friday, July 17th, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The shares were bought at an average price of C$0.45 per share, with a total value of C$6,750.00.
• On Wednesday, July 15th, Robert Hinchcliffe acquired 10,000 shares of Galway Metals stock. The stock was bought at an average cost of C$0.47 per share, with a total value of C$4,700.00.

Galway Metals Stock Up 5.7%

Shares of GWM traded up C$0.03 during mid-day trading on Friday, reaching C$0.56. The company had a trading volume of 73,577 shares, compared to its average volume of 474,544. The stock has a market capitalization of C$73.77 million, a P/E ratio of -7.00 and a beta of 2.78. Galway Metals Inc. has a 52-week low of C$0.38 and a 52-week high of C$1.01. The stock has a 50 day moving average of C$0.52 and a two-hundred day moving average of C$0.60.

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. Galway Metals Inc was incorporated in 2012 and is headquartered in Toronto, Canada.

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