Galway Metals (CVE:GWM) Director Robert Hinchcliffe Purchases 15,000 Shares

Key Points

• Director Robert Hinchcliffe purchased 15,000 Galway Metals shares at C$0.67 each, investing C$10,050 and increasing his holding by 0.16% to 9,152,746 shares.
• The purchase extends a series of insider acquisitions since July, totaling 350,000 shares across the reported transactions and indicating continued buying by Hinchcliffe.
• Galway Metals shares fell 2.9% to C$0.66, with a market capitalization of approximately C$86.94 million; the company explores gold and other minerals at projects in New Brunswick and Quebec.

Galway Metals Inc. (CVE:GWM - Get Free Report) Director Robert Hinchcliffe bought 15,000 shares of the firm's stock in a transaction on Monday, August 31st. The shares were bought at an average cost of C$0.67 per share, for a total transaction of C$10,050.00. Following the purchase, the director owned 9,152,746 shares of the company's stock, valued at approximately C$6,132,339.82. The trade was a 0.16% increase in their position.

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

• On Wednesday, August 26th, Robert Hinchcliffe purchased 20,000 shares of Galway Metals stock. The stock was purchased at an average price of C$0.67 per share, with a total value of C$13,400.00.
• On Tuesday, August 25th, Robert Hinchcliffe acquired 30,000 shares of Galway Metals stock. The shares were purchased at an average cost of C$0.64 per share, for a total transaction of C$19,200.00.
• On Monday, August 24th, Robert Hinchcliffe acquired 45,000 shares of Galway Metals stock. The shares were purchased at an average price of C$0.63 per share, for a total transaction of C$28,350.00.
• On Thursday, August 20th, Robert Hinchcliffe bought 20,000 shares of Galway Metals stock. The stock was purchased at an average cost of C$0.60 per share, with a total value of C$12,000.00.
• On Wednesday, August 19th, Robert Hinchcliffe bought 80,000 shares of Galway Metals stock. The stock was purchased 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 purchased at an average price of C$0.54 per share, with a total value of C$34,560.00.
• On Monday, August 17th, Robert Hinchcliffe purchased 46,000 shares of Galway Metals stock. The shares were purchased at an average price 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 purchased 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 acquired 15,000 shares of Galway Metals stock. The stock was acquired at an average price 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 shares were acquired at an average price of C$0.45 per share, for a total transaction of C$4,500.00.

Galway Metals Trading Down 2.9%

GWM traded down C$0.02 during trading on Tuesday, reaching C$0.66. 157,500 shares of the company's stock were exchanged, compared to its average volume of 523,419. Galway Metals Inc. has a one year low of C$0.41 and a one year high of C$1.01. The firm has a fifty day moving average price of C$0.54 and a two-hundred day moving average price of C$0.59. The stock has a market capitalization of C$86.94 million, a PE ratio of -7.33 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.