GAYMF
Price:
$0.4477
Market Cap:
$67.18M
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.
Industry
Gold
IPO Date
2021-01-08
Stock Exchange
OTC
Ticker
GAYMF
According to Galway Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.11. This represents a change of 28.35% compared to the average of 3.98 of the last 4 quarters.
The mean historical Current Ratio of Galway Metals Inc. over the last ten years is 16.62. The current 5.11 Current Ratio has changed 2.98% with respect to the historical average. Over the past ten years (40 quarters), GAYMF's Current Ratio was at its highest in in the June 2016 quarter at 87.95. The Current Ratio was at its lowest in in the September 2021 quarter at 2.36.
Average
16.62
Median
4.98
Minimum
2.70
Maximum
80.69
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
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.47 | 61.44% |
| 2023 | 2.77 | -37.24% |
| 2022 | 4.41 | 63.24% |
| 2021 | 2.70 | -31.25% |
| 2020 | 3.93 | -28.60% |
| 2019 | 5.50 | -54.97% |
| 2018 | 12.21 | 47.78% |
| 2017 | 8.26 | -79.97% |
| 2016 | 41.24 | -48.89% |
| 2015 | 80.69 | 31.69% |
The current Current Ratio of Galway Metals Inc. (GAYMF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
3.88
5-year avg
3.65
10-year avg
16.62
Galway Metals Inc.’s Current Ratio is greater than Euro Sun Mining Inc. (0.13), greater than Scorpio Gold Corporation (0.47), greater than Abcourt Mines Inc. (0.69), greater than Lion One Metals Limited (2.90), greater than Pasofino Gold Limited (0.03), greater than Red Pine Exploration Inc. (3.01), less than Surge Battery Metals Inc. (10.32), less than American Eagle Gold Corp. (24.68), less than Benguet Corporation (7.61), less than Pirate Gold Corp. (17.32),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.13 | $79.03M | |
| 0.47 | $55.87M | |
| 0.69 | $78.02M | |
| 2.90 | $56.01M | |
| 0.03 | $64.01M | |
| 3.01 | $44.46M | |
| 10.32 | $92.24M | |
| 24.68 | $63.27M | |
| 7.61 | $390.89K | |
| 17.32 | $58.52M |
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