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Galway Metals
(GWM)
Galway Metals (GWM) vs. iShares MSCI Canada ETF (EWC)
Galway Metals Business Overview & Revenue Model
Galway Metals Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -11.50K | 0.00 | -11.86K | -12.39K | -12.42K | -2.79K |
| EBITDA | -8.99M | -6.49M | -6.80M | -14.02M | -19.64M | -12.43M |
| Net Income | -9.02M | -5.77M | -5.40M | -10.74M | -16.19M | -11.81M |
Balance Sheet | ||||||
| Total Assets | 17.52M | 18.44M | 14.23M | 16.23M | 20.75M | 24.74M |
| Cash, Cash Equivalents and Short-Term Investments | 5.49M | 7.01M | 3.35M | 5.84M | 10.68M | 15.35M |
| Total Debt | 0.00 | 72.11K | 141.48K | 201.01K | 258.35K | 0.00 |
| Total Liabilities | 2.40M | 2.30M | 1.45M | 1.60M | 4.48M | 4.34M |
| Stockholders Equity | 15.12M | 16.14M | 12.78M | 14.62M | 16.27M | 20.39M |
Cash Flow | ||||||
| Free Cash Flow | -7.08M | -5.74M | -5.95M | -14.50M | -18.55M | -10.16M |
| Operating Cash Flow | -6.87M | -5.41M | -5.64M | -14.23M | -17.33M | -9.42M |
| Investing Cash Flow | -355.57K | -400.38K | -390.21K | -297.35K | -1.22M | -748.02K |
| Financing Cash Flow | 9.14M | 9.47M | 3.66M | 9.69M | 13.91M | 19.38M |
Galway Metals Technical Analysis
Galway Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$80.72M | -8.23 | -63.27% | ― | ― | -68.53% | |
56 Neutral | C$63.74M | -31.62 | -5.78% | ― | ― | 37.37% | |
56 Neutral | C$72.17M | -37.27 | -4.12% | ― | ― | 50.45% | |
49 Neutral | C$86.23M | -22.30 | -16.41% | ― | ― | -77.07% | |
49 Neutral | C$74.49M | -12.59 | -300.84% | ― | ― | -7.00% | |
48 Neutral | C$81.74M | -7.05 | -133.51% | ― | ― | 47.21% |
Galway Metals Corporate Events
Galway Metals has reported strong new drill results from seven diamond drill holes at the Southwest Deposit’s George Murphy Zone within its Clarence Stream gold project, including a highlight intercept of 7.1 grams per tonne gold over 10 metres and 13.2 grams per tonne over 5 metres. The program is successfully linking deeper mineralization to near-surface zones and extending gold mineralization beyond existing 2022 resource pit shells, reinforcing the continuity and open-pit potential of the deposit. With 48 additional drill holes pending, the results support the company’s strategy to grow shallow, high-grade resources in a favourable gold price environment, potentially enhancing the project’s scale and attractiveness for investors and stakeholders, while benefitting from financial support under New Brunswick’s Junior Mining Assistance Program.
The most recent analyst rating on (TSE:GWM) stock is a Hold with a C$0.90 price target. To see the full list of analyst forecasts on Galway Metals stock, see the TSE:GWM Stock Forecast page.
Galway Metals has released an independent Preliminary Economic Assessment for its Estrades gold-zinc-copper-silver project in Québec, outlining an 8-year underground mine life and a primary toll-milling development scenario that yields a 33% after-tax IRR and C$212 million NPV at a 5% discount rate under long-term consensus metal prices, with returns rising to a 61% IRR and C$518 million NPV at spot prices. The study highlights initial capital of C$117 million for the toll-mill route, all-in sustaining costs of US$1,987 per ounce of gold and strong leverage to current record-high gold prices, while management simultaneously advances both toll-milling and build-own-mill options and embarks, with funding support from partner Dowa Metals and Mining, on geophysics, drilling to expand the deposit at depth and to the west, and metallurgical optimization to further enhance project economics.
The most recent analyst rating on (TSE:GWM) stock is a Hold with a C$0.89 price target. To see the full list of analyst forecasts on Galway Metals stock, see the TSE:GWM Stock Forecast page.
Galway Metals reported new drill results from 11 diamond drill holes at the Southwest Deposit of its Clarence Stream project, highlighted by an intercept of 2.6 g/t gold over 16.0 metres, including 6.2 g/t over 5.0 metres, and additional significant intervals such as 1.8 g/t over 8.0 metres and 7.5 g/t over 2.0 metres. The drilling was designed to connect mineralization between existing 2022 resource pits and test extensions along pit margins, with results confirming shallow, wide zones of mineralization outside current resources and gold mineralization beneath existing pit shells, supporting the potential to link pits and expand the Southwest Deposit both laterally and at depth. Management says the results strengthen confidence in the resource model and highlight future expansion opportunities, with assays still pending for 32 additional holes, while the project also benefits from up to $50,000 in exploration support from the New Brunswick Junior Mining Assistance Program.
The most recent analyst rating on (TSE:GWM) stock is a Hold with a C$0.89 price target. To see the full list of analyst forecasts on Galway Metals stock, see the TSE:GWM Stock Forecast page.
Galway Metals has signed a binding option and joint venture term sheet with Japan’s DOWA Metals & Mining for its Estrades gold and zinc project in Quebec, giving DOWA the right to earn up to a 45% participating interest and full zinc concentrate offtake through staged investments totaling up to US$25 million. The three-phase structure sees DOWA initially gaining a 10% stake and 50% zinc offtake for US$5 million, rising to 30% ownership and 75% offtake after a further US$10 million and formation of a joint venture, and ultimately to 45% ownership and 100% zinc offtake with an additional US$10 million focused on feasibility work, positioning Galway to advance Estrades toward a production decision while securing funding, technical expertise, and long-term concentrate sales for the project.
The most recent analyst rating on (TSE:GWM) stock is a Hold with a C$0.83 price target. To see the full list of analyst forecasts on Galway Metals stock, see the TSE:GWM Stock Forecast page.
Galway Metals Inc. has successfully closed a non-brokered private placement, raising approximately $461,899.80 through the issuance of 855,370 units. Each unit includes one common share and a half transferable common share purchase warrant, with the warrants allowing the purchase of additional shares at $0.80 each for three years. This move is expected to bolster Galway’s financial position as it continues to focus on its exploration projects in Canada, pending final approval from the TSX Venture Exchange.
Galway Metals Inc. has successfully closed a brokered private placement, raising gross proceeds of approximately C$11.5 million, with an additional non-brokered private placement expected to bring in approximately C$462,000. The funds will be used for the exploration and advancement of the Clarence Stream gold project and general corporate purposes. This financial move is expected to bolster Galway’s operational capabilities and strengthen its position in the gold exploration sector.
Galway Metals Inc. announced significant high-grade drilling results from its North Deposit at the Clarence Stream gold project, intersecting 18.0 g/t gold over 3.0 meters. These results highlight the strength of shallow mineralization and the potential for expanding the known mineralized footprint. The company plans to continue drilling to refine its understanding of the mineralization scale and continuity, with further updates expected as additional results become available.