Insider Buying: Galway Metals (CVE:GWM) Director Purchases 45,000 Shares

Galway Metals Inc. (CVE:GWM) Director Robert Hinchcliffe acquired 45,000 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was bought at an average cost of C$0.63 per share, for a total transaction of C$28,350.00. Following the completion of the transaction, the director directly owned 9,067,746 shares of the company’s stock, valued at approximately C$5,712,679.98. This trade represents a 0.50% increase in their ownership of the stock.

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

• On Thursday, August 20th, Robert Hinchcliffe purchased 20,000 shares of Galway Metals stock. The stock was bought at an average price of C$0.60 per share, for a total transaction of C$12,000.00.
• On Wednesday, August 19th, Robert Hinchcliffe acquired 80,000 shares of Galway Metals stock. The shares were purchased at an average price of C$0.59 per share, with a total value of C$47,200.00.
• On Tuesday, August 18th, Robert Hinchcliffe purchased 64,000 shares of Galway Metals stock. The stock was purchased at an average price of C$0.54 per share, with a total value of C$34,560.00.
• On Monday, August 17th, Robert Hinchcliffe bought 46,000 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.57 per share, with a total value of C$26,220.00.
• On Thursday, August 13th, Robert Hinchcliffe acquired 20,000 shares of Galway Metals stock. The stock was acquired at an average cost of C$0.54 per share, with a total value of C$10,800.00.
• On Friday, July 31st, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The stock was bought at an average price of C$0.45 per share, with a total value of C$6,750.00.
• On Thursday, July 30th, Robert Hinchcliffe bought 10,000 shares of Galway Metals stock. The shares were bought at an average cost of C$0.45 per share, for a total transaction of C$4,500.00.
• On Monday, July 27th, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The shares were purchased at an average price of C$0.72 per share, for a total transaction of C$10,800.00.
• On Friday, July 24th, Robert Hinchcliffe acquired 15,000 shares of Galway Metals stock. The stock was purchased at an average cost of C$0.48 per share, for a total transaction of C$7,200.00.
• On Wednesday, July 22nd, Robert Hinchcliffe purchased 15,000 shares of Galway Metals stock. The stock was acquired at an average price of C$0.49 per share, for a total transaction of C$7,350.00.

Galway Metals Trading Up 4.9%

Galway Metals stock traded up C$0.03 during midday trading on Tuesday, reaching C$0.64. The company’s stock had a trading volume of 185,860 shares, compared to its average volume of 473,875. The stock has a market cap of C$84.31 million, a PE ratio of -7.11 and a beta of 2.78. The business has a 50-day moving average price of C$0.53 and a 200-day moving average price of C$0.59. Galway Metals Inc. has a 52 week low of C$0.40 and a 52 week high of C$1.01.

Galway Metals Company Profile

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.