Galway Metals Inc. (CVE:GWM – Get Free Report) shares rose 6% during trading on Friday . The stock traded as high as C$0.78 and last traded at C$0.71. Approximately 89,600 shares changed hands during mid-day trading, an increase of 44% from the average daily volume of 62,194 shares. The stock had previously closed at C$0.67.
Galway Metals Stock Performance
The company has a debt-to-equity ratio of 1.00, a quick ratio of 4.81 and a current ratio of 3.11. The stock’s 50-day simple moving average is C$0.60 and its two-hundred day simple moving average is C$0.45. The stock has a market cap of C$60.86 million, a price-to-earnings ratio of -14.20 and a beta of 1.78.
Galway Metals (CVE:GWM – Get Free Report) last posted its quarterly earnings data on Thursday, August 29th. The company reported C($0.02) EPS for the quarter. Analysts forecast that Galway Metals Inc. will post -0.04 earnings per share for the current year.
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.
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