Galway Metals (CVE:GWM) Director Acquires C$24,640.00 in Stock

Key Points

• Director Robert Hinchcliffe purchased 38,500 Galway Metals shares at an average price of C$0.64, investing C$24,640 and increasing his stake by 0.42% to 9.19 million shares.
• The purchase continues a series of insider acquisitions since late July, totaling several hundred thousand shares as Hinchcliffe bought at prices ranging from C$0.45 to C$0.67.
• Galway Metals shares recently traded at C$0.68, with a 12-month range of C$0.41 to C$1.01 and a market capitalization of approximately C$65.35 million.

Galway Metals Inc. (CVE:GWM - Get Free Report) Director Robert Hinchcliffe purchased 38,500 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was acquired at an average cost of C$0.64 per share, for a total transaction of C$24,640.00. Following the completion of the transaction, the director owned 9,191,246 shares of the company's stock, valued at C$5,882,397.44. The trade was a 0.42% increase in their position.

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

• On Monday, August 31st, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.67 per share, with a total value of C$10,050.00.
• On Wednesday, August 26th, Robert Hinchcliffe bought 20,000 shares of Galway Metals stock. The shares were purchased at an average cost of C$0.67 per share, for a total transaction of C$13,400.00.
• On Tuesday, August 25th, Robert Hinchcliffe acquired 30,000 shares of Galway Metals stock. The stock was purchased at an average price of C$0.64 per share, with a total value of C$19,200.00.
• On Monday, August 24th, Robert Hinchcliffe bought 45,000 shares of Galway Metals stock. The stock was purchased at an average price of C$0.63 per share, with a total value of C$28,350.00.
• On Thursday, August 20th, Robert Hinchcliffe purchased 20,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.60 per share, for a total transaction of C$12,000.00.
• On Wednesday, August 19th, Robert Hinchcliffe acquired 80,000 shares of Galway Metals stock. The shares were acquired at an average cost of C$0.59 per share, with a total value of C$47,200.00.
• On Tuesday, August 18th, Robert Hinchcliffe acquired 64,000 shares of Galway Metals stock. The shares were bought at an average cost of C$0.54 per share, with a total value of C$34,560.00.
• On Monday, August 17th, Robert Hinchcliffe bought 46,000 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.57 per share, for a total transaction of C$26,220.00.
• On Thursday, August 13th, Robert Hinchcliffe acquired 20,000 shares of Galway Metals stock. The stock was 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 acquired 15,000 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$6,750.00.

Galway Metals Price Performance

Shares of CVE GWM traded up C$0.02 during midday trading on Thursday, reaching C$0.68. 334,058 shares of the stock were exchanged, compared to its average volume of 523,503. Galway Metals Inc. has a 12 month low of C$0.41 and a 12 month high of C$1.01. The business has a 50-day simple moving average of C$0.55 and a two-hundred day simple moving average of C$0.59. The company has a market capitalization of C$65.35 million, a price-to-earnings ratio of -7.56 and a beta of 2.78.

Galway Metals Company Profile

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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