Stocks

Director Robert Hinchcliffe Expands Share Ownership in Galway Metals Inc.

Published February 14, 2025

On February 12th, Robert Hinchcliffe, a director at Galway Metals Inc. (CVE:GWM), made a significant investment by acquiring 53,500 shares of the company's stock. The shares were purchased at an average price of C$0.60 each, bringing the total value of this transaction to C$32,249.80.

In addition to this recent purchase, Hinchcliffe has been active in acquiring shares over the past few weeks. His other transactions include:

  • On February 10th, he bought 4,000 shares at an average price of C$0.61, totaling C$2,440.00.
  • On February 3rd, he purchased 1,500 shares at C$0.60 each, amounting to C$900.00.
  • On January 31st, he acquired 30,000 shares at C$0.60 per share, totaling C$18,000.00.
  • On January 29th, he bought 15,000 shares at an average price of C$0.58, summing up to C$8,700.00.
  • On January 10th, he purchased 5,000 shares at C$0.50 each, for a total of C$2,500.00.
  • On December 9th, he acquired 10,000 shares at C$0.53, totaling C$5,300.00.
  • On December 2nd, he purchased another 10,000 shares at C$0.50, which was valued at C$4,975.00.
  • On November 20th, he bought 10,000 shares at an average cost of C$0.47, leading to a total transaction of C$4,664.80.
  • On November 18th, he acquired 10,000 shares at C$0.47 per share for C$4,700.00.
  • On November 15th, he purchased 7,000 shares at an average cost of C$0.48, totaling C$3,360.00.

Current Stock Performance

On the day following Hinchcliffe's latest purchase, Galway Metals shares traded at C$0.61, showing a small increase of C$0.01 during mid-day trading. The trading volume was noted at 3,150 shares, which is below the average volume of 42,613 shares. Galway Metals has a market capitalization of C$57.24 million and has recorded a PE ratio of -11.81 and a beta of 1.80. The company’s 50-day simple moving average stands at C$0.53, while the 200-day simple moving average is C$0.55. Additionally, Galway Metals maintains a debt-to-equity ratio of 1.08, a current ratio of 3.16, and a quick ratio of 4.81. The stock has experienced a fifty-two week low of C$0.23 and a high of C$0.81.

About Galway Metals Inc.

Galway Metals Inc. is a mining company focused on the acquisition, exploration, and development of mineral resource properties in Canada. The company's operations primarily target gold, zinc, copper, silver, and lead deposits. It possesses a 100% interest in the Clarence Stream project, located in southwest New Brunswick, as well as the Estrades mine and related concessions in western Quebec.

Galway, Shares, Investment