Galway Metals (CVE:GWM) Reaches New 12-Month High at $0.68

Shares of Galway Metals Inc. (CVE:GWMGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66, with a volume of 114589 shares changing hands. The stock had previously closed at C$0.65.

Galway Metals Price Performance

The business’s fifty day simple moving average is C$0.40 and its 200 day simple moving average is C$0.37. The stock has a market cap of C$55.20 million, a price-to-earnings ratio of -13.00 and a beta of 1.76. The company has a current ratio of 2.69, a quick ratio of 4.81 and a debt-to-equity ratio of 1.20.

Galway Metals (CVE:GWMGet Free Report) last issued its earnings results on Thursday, May 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. Equities analysts forecast that Galway Metals Inc. will post -0.04 earnings per share for the current fiscal year.

About Galway Metals

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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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