Galway Metals Inc. (V:GWM)

Business Focus: Specialty Mining & Metals

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Sector: Basic Materials	Industry: Specialty Mining & Metals

See Regulatory Filings on SEDAR

Company Contact

Address:	82 Richmond St E TORONTO ON M5C 1P1
Tel:	N/A
Website:	https://galwaymetalsinc.com
IR:	See website

Key People

Robert P. Hinchcliffe President, Chief Executive Officer, Director	Robert D.B. Suttie Chief Financial Officer	Lawrence Jay Strauss Vice President - Corporate Development, Director
Michael W. Sutton Chief Geologist, Director

Business Overview

Galway Metals Inc is a Canada-based exploration company. The Company operates through the acquisition, exploration and development of mineral resource properties. The Company's projects include Clarence Stream Project, Estrades and Casa Berardi Break. The Clarence Stream Project is located approximately 70 kilometers south-southwest of Fredericton in southwest New Brunswick. It Clarence Stream Project consists of over 45 kilometers of strike length of the Sawyer Brook Fault System. Its Estrades project is located in western Quebec, Canada, approximately 95 kilometers north of the town of La Sarre. The Casa Berardi Break property is located approximately 24 kilometers along strike from the Casa Berardi mine.

Financial Overview

For the three months ended 31 March 2020, Galway Metals Inc revenues was not reported. Net loss increased 51% to C$1.9M. Higher net loss reflects Premium on flow-through shares decrease from C$346K (income) to C$0K, Exploration expenses increase of 19% to C$1.4M (expense), Stock-based compensation increase of 31% to C$77K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.

Reporting Currency:	Canadian Dollars
Enterprise value:	$326.41M as of Mar 31, 2020
Annual revenue (TTM):	$0.00M as of Mar 31, 2020
EBITDA (TTM):	-$6.71M as of Mar 31, 2020
Net annual income (TTM):	-$6.67M as of Mar 31, 2020
Free cash flow (TTM):	-$8.06M as of Mar 31, 2020
Net Debt Last Fiscal Year:	N/A
Shares outstanding:	166,932,609 as of Aug 4, 2020
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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