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Galway Metals (CVE:GWM) Trading Up 15.8% - Should You Buy?

Galway Metals logo with Basic Materials background

Galway Metals Inc. (CVE:GWM - Get Free Report) shares rose 15.8% during trading on Thursday . The stock traded as high as C$0.66 and last traded at C$0.66. Approximately 137,000 shares were traded during trading, an increase of 334% from the average daily volume of 31,592 shares. The stock had previously closed at C$0.57.

Galway Metals Trading Down 3.2 %

The stock has a market capitalization of C$51.43 million, a P/E ratio of -12.00 and a beta of 1.80. The business's 50 day simple moving average is C$0.51 and its 200-day simple moving average is C$0.54. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.11 and a quick ratio of 4.81.

Galway Metals Company Profile

(Get Free Report)

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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