Galway Metals Inc. (CVE:GWM - Get Free Report) shares were down 13.8% on Saturday . The stock traded as low as C$0.55 and last traded at C$0.56. Approximately 949,736 shares were traded during mid-day trading, an increase of 1,090% from the average daily volume of 79,816 shares. The stock had previously closed at C$0.65.
Galway Metals Stock Performance
The firm's 50 day moving average price is C$0.43 and its 200-day moving average price is C$0.42. The firm has a market cap of C$66.78 million, a price-to-earnings ratio of -8.75 and a beta of 2.44. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.16 and a quick ratio of 4.81.
About Galway Metals
(
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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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