Galway Metals (CVE:GWM) Director Buys C$28,350.00 in Stock

Key Points

• Director Robert Hinchcliffe purchased 45,000 Galway Metals shares at an average price of C$0.63, investing C$28,350 and increasing his holdings by 0.50% to 9,067,746 shares.
• The purchase follows a series of insider acquisitions since mid-July, totaling several hundred thousand shares and signaling continued insider buying activity.
• Galway Metals stock rose 4.9% to C$0.64, with a market capitalization of approximately C$84.31 million; the company explores gold and other mineral deposits in Canada.

Galway Metals Inc. (CVE:GWM - Get Free Report) Director Robert Hinchcliffe bought 45,000 shares of the stock in a transaction on Monday, August 24th. The shares were purchased at an average price of C$0.63 per share, with a total value of C$28,350.00. Following the acquisition, the director owned 9,067,746 shares in the company, valued at approximately C$5,712,679.98. This represents a 0.50% increase in their position.

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

• On Thursday, August 20th, Robert Hinchcliffe purchased 20,000 shares of Galway Metals stock. The stock was purchased at an average cost of C$0.60 per share, for a total transaction of C$12,000.00.
• On Wednesday, August 19th, Robert Hinchcliffe purchased 80,000 shares of Galway Metals stock. The stock was purchased at an average price of C$0.59 per share, for a total transaction of C$47,200.00.
• On Tuesday, August 18th, Robert Hinchcliffe acquired 64,000 shares of Galway Metals stock. The shares were purchased 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 acquired 46,000 shares of Galway Metals stock. The shares were purchased at an average price of C$0.57 per share, with a total value of C$26,220.00.
• On Thursday, August 13th, Robert Hinchcliffe bought 20,000 shares of Galway Metals stock. The stock was purchased at an average price of C$0.54 per share, for a total transaction of C$10,800.00.
• On Friday, July 31st, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The shares were purchased 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 purchased 10,000 shares of Galway Metals stock. The shares were acquired 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 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 acquired 15,000 shares of Galway Metals stock. The stock was acquired at an average price of C$0.48 per share, for a total transaction of C$7,200.00.
• On Wednesday, July 22nd, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.49 per share, for a total transaction of C$7,350.00.

Galway Metals Stock Up 4.9%

GWM traded up C$0.03 during trading hours on Tuesday, hitting C$0.64. 185,860 shares of the company's stock were exchanged, compared to its average volume of 473,875. Galway Metals Inc. has a 1-year low of C$0.40 and a 1-year high of C$1.01. The stock's 50-day moving average is C$0.53 and its two-hundred day moving average is C$0.59. The stock has a market cap of C$84.31 million, a price-to-earnings ratio of -7.11 and a beta of 2.78.

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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