Shares of Giga Metals Co. (CVE:GIGA – Get Rating) were down 2% during mid-day trading on Thursday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 500 shares traded hands during trading, a decline of 99% from the average daily volume of 59,133 shares. The stock had previously closed at C$0.25.
Giga Metals Price Performance
The company has a quick ratio of 14.39, a current ratio of 11.12 and a debt-to-equity ratio of 1.07. The company has a market capitalization of C$23.99 million, a price-to-earnings ratio of -8.17 and a beta of 1.34. The stock’s 50-day moving average price is C$0.26 and its 200-day moving average price is C$0.28.
Giga Metals Company Profile
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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