Galway Metals (CVE:GWM) Director Robert Hinchcliffe Acquires 46,000 Shares

Key Points

• Director Robert Hinchcliffe bought 46,000 Galway Metals shares at an average price of C$0.57, investing C$26,220 and increasing his direct ownership by 0.52% to 8.84 million shares.
• Hinchcliffe has made several additional purchases since mid-July, signaling continued insider buying and bringing his recent acquisitions to 135,000 shares across the listed transactions.
• Galway Metals shares fell 4.5% to C$0.53, while trading volume was roughly in line with average levels. The stock’s 12-month range is C$0.38 to C$1.01, and its market capitalization is approximately C$69.8 million.

Galway Metals Inc. (CVE:GWM - Get Free Report) Director Robert Hinchcliffe purchased 46,000 shares of the firm's stock in a transaction on Monday, August 17th. The shares were acquired at an average cost of C$0.57 per share, with a total value of C$26,220.00. Following the completion of the acquisition, the director directly owned 8,838,746 shares in the company, valued at C$5,038,085.22. The trade was a 0.52% increase in their ownership of the stock.

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

• On Thursday, August 13th, Robert Hinchcliffe acquired 20,000 shares of Galway Metals stock. The shares were bought at an average price of C$0.54 per share, with a total value of C$10,800.00.
• On Friday, July 31st, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The stock was bought at an average cost of C$0.45 per share, with a total value of C$6,750.00.
• On Thursday, July 30th, Robert Hinchcliffe bought 10,000 shares of Galway Metals stock. The stock was purchased at an average cost of C$0.45 per share, with a total value of C$4,500.00.
• On Monday, July 27th, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The stock was purchased at an average cost of C$0.72 per share, with a total value of C$10,800.00.
• On Friday, July 24th, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.48 per share, with a total value of C$7,200.00.
• On Wednesday, July 22nd, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The stock was bought at an average price of C$0.49 per share, for a total transaction of C$7,350.00.
• On Tuesday, July 21st, Robert Hinchcliffe bought 8,500 shares of Galway Metals stock. The stock was bought 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 acquired 6,500 shares of Galway Metals stock. The stock was purchased at an average price of C$0.48 per share, for a total transaction of C$3,120.00.
• On Monday, July 20th, Robert Hinchcliffe bought 10,000 shares of Galway Metals stock. The stock was purchased 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 bought 15,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.45 per share, for a total transaction of C$6,750.00.

Galway Metals Stock Down 4.5%

GWM stock traded down C$0.03 on Tuesday, reaching C$0.53. 485,223 shares of the company's stock were exchanged, compared to its average volume of 473,662. The stock has a fifty day moving average of C$0.52 and a 200-day moving average of C$0.60. The firm has a market cap of C$69.82 million, a PE ratio of -6.62 and a beta of 2.78. Galway Metals Inc. has a twelve month low of C$0.38 and a twelve month high of C$1.01.

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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