Galway Metals (CVE:GWM) Director Robert Hinchcliffe Acquires 30,000 Shares of Stock

Key Points

• Director Robert Hinchcliffe purchased 30,000 Galway Metals shares at an average C$0.64, investing C$19,200 and increasing his stake by 0.33% to 9,097,746 shares.
• The transaction extends a series of insider purchases during July and August, totaling several hundred thousand shares and signaling continued buying by Hinchcliffe.
• Galway Metals shares fell 0.7% to C$0.68, with a market capitalization of approximately C$88.9 million; the stock has traded between C$0.40 and C$1.01 over the past year.

Galway Metals Inc. (CVE:GWM - Get Free Report) Director Robert Hinchcliffe acquired 30,000 shares of the firm's stock in a transaction on Tuesday, August 25th. The stock was purchased at an average price of C$0.64 per share, with a total value of C$19,200.00. Following the acquisition, the director owned 9,097,746 shares of the company's stock, valued at C$5,822,557.44. This represents a 0.33% increase in their position.

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

• On Monday, August 24th, Robert Hinchcliffe purchased 45,000 shares of Galway Metals stock. The shares were acquired at an average cost of C$0.63 per share, with a total value of C$28,350.00.
• On Thursday, August 20th, Robert Hinchcliffe bought 20,000 shares of Galway Metals stock. The shares were acquired at an average price of C$0.60 per share, with a total value of C$12,000.00.
• On Wednesday, August 19th, Robert Hinchcliffe acquired 80,000 shares of Galway Metals stock. The shares were bought 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 bought 64,000 shares of Galway Metals stock. The stock was bought at an average cost of C$0.54 per share, for a total transaction of C$34,560.00.
• On Monday, August 17th, Robert Hinchcliffe bought 46,000 shares of Galway Metals stock. The stock was bought 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 purchased 20,000 shares of Galway Metals stock. The stock was bought at an average cost of C$0.54 per share, with a total value of C$10,800.00.
• On Friday, July 31st, Robert Hinchcliffe bought 15,000 shares of Galway Metals stock. The stock was purchased at an average price of C$0.45 per share, for a total transaction 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 shares were acquired at an average cost of C$0.72 per share, for a total transaction of C$10,800.00.
• On Friday, July 24th, Robert Hinchcliffe purchased 15,000 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$7,200.00.

Galway Metals Trading Down 0.7%

GWM stock traded down C$0.01 on Wednesday, hitting C$0.68. The company had a trading volume of 593,993 shares, compared to its average volume of 476,463. The stock has a market cap of C$88.92 million, a price-to-earnings ratio of -7.50 and a beta of 2.78. Galway Metals Inc. has a 12-month low of C$0.40 and a 12-month high of C$1.01. The stock's 50-day simple moving average is C$0.53 and its 200 day simple moving average is C$0.59.

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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