Shares of Giga Metals Co. (CVE:GIGA – Get Free Report) traded down 3.4% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14. 13,000 shares were traded during mid-day trading, a decline of 74% from the average session volume of 50,724 shares. The stock had previously closed at C$0.15.
Giga Metals Stock Performance
The company has a current ratio of 2.55, a quick ratio of 14.39 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of C$14.78 million, a price-to-earnings ratio of -7.00 and a beta of 1.13. The stock has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.16.
About Giga Metals
Giga Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel and cobalt sulphide deposits. It holds 100% interests in the Turnagain property with 75 contiguous mineral claims covering an area of approximately 40,069 hectares located in the Liard mining division of northern British Columbia.
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