Shares of Giga Metals Co. (CVE:GIGA – Get Free Report) dropped 3.4% during trading on Wednesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 13,000 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 50,724 shares. The stock had previously closed at C$0.15.
Giga Metals Stock Performance
The company has a quick ratio of 14.39, a current ratio of 2.55 and a debt-to-equity ratio of 0.40. The firm’s fifty day moving average is C$0.13 and its two-hundred day moving average is C$0.16. The firm has a market cap of C$14.78 million, a P/E ratio of -7.00 and a beta of 1.13.
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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