Insider Buying: Galway Metals Inc. (CVE:GWM) Director Acquires 30,000 Shares of Stock

Galway Metals Inc. (CVE:GWM) Director Robert Hinchcliffe bought 30,000 shares of Galway Metals stock in a transaction on Tuesday, August 6th. The stock was purchased at an average price of C$0.43 per share, for a total transaction of C$12,900.00.

Robert Hinchcliffe also recently made the following trade(s):

• On Tuesday, July 30th, Robert Hinchcliffe acquired 10,000 shares of Galway Metals stock. The stock was purchased at an average cost of C$0.45 per share, with a total value of C$4,500.00.
• On Wednesday, July 24th, Robert Hinchcliffe bought 25,500 shares of Galway Metals stock. The shares were purchased at an average price of C$0.40 per share, for a total transaction of C$10,307.10.
• On Monday, July 22nd, Robert Hinchcliffe purchased 10,000 shares of Galway Metals stock. The stock was acquired at an average price of C$0.39 per share, with a total value of C$3,850.00.
• On Friday, July 19th, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.39 per share, with a total value of C$5,850.00.
• On Wednesday, July 17th, Robert Hinchcliffe purchased 10,000 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.40 per share, for a total transaction of C$4,000.00.
• On Monday, June 24th, Robert Hinchcliffe acquired 2,000 shares of Galway Metals stock. The shares were bought at an average cost of C$0.36 per share, with a total value of C$720.00.
• On Wednesday, June 19th, Robert Hinchcliffe bought 10,500 shares of Galway Metals stock. The stock was bought at an average cost of C$0.36 per share, for a total transaction of C$3,780.00.
• On Friday, June 14th, Robert Hinchcliffe purchased 3,500 shares of Galway Metals stock. The shares were bought at an average cost of C$0.24 per share, with a total value of C$853.30.
• On Monday, June 10th, Robert Hinchcliffe purchased 21,000 shares of Galway Metals stock. The stock was bought at an average price of C$0.35 per share, for a total transaction of C$7,350.00.
• On Friday, June 7th, Robert Hinchcliffe bought 3,000 shares of Galway Metals stock. The stock was purchased at an average cost of C$0.36 per share, for a total transaction of C$1,080.00.

Galway Metals Stock Performance

Galway Metals stock remained flat at C$0.46 during midday trading on Friday. The company had a trading volume of 157,300 shares, compared to its average volume of 51,516. The stock has a market capitalization of C$38.64 million, a PE ratio of -6.50 and a beta of 1.64. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.77 and a quick ratio of 4.81. The firm has a fifty day moving average price of C$0.38 and a 200-day moving average price of C$0.36. Galway Metals Inc. has a 52-week low of C$0.23 and a 52-week high of C$0.49.

Galway Metals (CVE:GWM) last released its quarterly earnings data on Thursday, May 30th. The company reported C($0.01) earnings per share for the quarter. Equities analysts predict 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.