Galway Metals Inc.

Galway Metals Inc.verified

GWM.V

Price:

$0.75

Market Cap:

$64.29M

Galway Metals Inc. engages in the acquisition, exploration, and development of mineral resource properties. The company primarily explores for gold, zinc, copper, silver, and lead deposists. It holds a 100% interest in the Clarence Stream project that covers an area of 61,000 hectares located in southwest New Brunswick, Canada. The company also holds a 100% interest in the Estrades mine, related Newiska concessions, and adjacent Casa Berardi claims covering an area of 20,915 hectares located in western Quebec, Canada. Galway Metals Inc. was incorporated in 2012 and is headquartered in Toronto, Canada.[Read more]

Industry

Gold

IPO Date

2013-01-08

Stock Exchange

TSXV

Ticker

GWM.V

The Current Ratio as of September 2024 (TTM) for Galway Metals Inc. (GWM.V) is 3.11

According to Galway Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.11. This represents a change of 13.21% compared to the average of 2.75 of the last 4 quarters.

Galway Metals Inc. (GWM.V) Historical Current Ratio (quarterly & annually)

How has GWM.V Current Ratio performed in the past?

The mean historical Current Ratio of Galway Metals Inc. over the last ten years is 22.30. The current 3.11 Current Ratio has changed 1.29% with respect to the historical average. Over the past ten years (40 quarters), GWM.V's Current Ratio was at its highest in in the June 2016 quarter at 87.94. The Current Ratio was at its lowest in in the September 2021 quarter at 2.36.

Quarterly (TTM)
Annual

Average

22.30

Median

6.88

Minimum

2.70

Maximum

80.69

Galway Metals Inc. (GWM.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Galway Metals Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 63.24%

Maximum Annual Current Ratio = 80.69

Minimum Annual Increase = -79.97%

Minimum Annual Current Ratio = 2.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.77-37.24%
20224.4163.24%
20212.70-31.25%
20203.93-28.60%
20195.50-54.97%
201812.2147.78%
20178.26-79.97%
201641.24-48.89%
201580.6931.69%
201461.28-47.89%

Galway Metals Inc. (GWM.V) Average Current Ratio

How has GWM.V Current Ratio performed in the past?

The current Current Ratio of Galway Metals Inc. (GWM.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.29

5-year avg

3.86

10-year avg

22.30

Galway Metals Inc. (GWM.V) Current Ratio vs. Peers

How is GWM.V’s Current Ratio compared to its peers?

Galway Metals Inc.’s Current Ratio is less than Cartier Resources Inc. (14.12), less than TriStar Gold, Inc. (0), less than Maritime Resources Corp. (9.57), greater than Banyan Gold Corp. (1.83), less than null (16.68),

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