Galway Metals Inc. (CVE:GWM – Get Free Report) shares traded up 6% during trading on Friday . The company traded as high as C$0.78 and last traded at C$0.71. 89,600 shares traded hands during mid-day trading, an increase of 44% from the average session volume of 62,194 shares. The stock had previously closed at C$0.67.
Galway Metals Price Performance
The stock has a market capitalization of C$60.86 million, a P/E ratio of -14.20 and a beta of 1.78. 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 has a 50-day simple moving average of C$0.59 and a 200 day simple moving average of C$0.45.
Galway Metals (CVE:GWM – Get Free Report) last announced its quarterly earnings data on Thursday, August 29th. The company reported C($0.02) EPS for the quarter. On average, equities analysts forecast that Galway Metals Inc. will post -0.04 earnings per share for the current fiscal year.
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.
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