Galway Metals (CVE:GWM) Reaches New 1-Year High – Should You Buy?

Galway Metals Inc. (CVE:GWMGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.88 and last traded at C$0.85, with a volume of 623924 shares. The stock had previously closed at C$0.82.

Galway Metals Trading Up 1.2%

The stock has a market cap of C$103.67 million, a PE ratio of -8.30 and a beta of 2.72. The company has a current ratio of 3.16, a quick ratio of 4.81 and a debt-to-equity ratio of 1.08. The firm has a fifty day simple moving average of C$0.65 and a two-hundred day simple moving average of C$0.53.

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. Galway Metals Inc was incorporated in 2012 and is headquartered in Toronto, Canada.

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