Giga Metals Co. (CVE:GIGA – Get Free Report)’s stock price traded down 7.1% during mid-day trading on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. 96,500 shares were traded during trading, an increase of 88% from the average session volume of 51,420 shares. The stock had previously closed at C$0.14.
Giga Metals Stock Performance
The business’s 50-day simple moving average is C$0.14 and its 200-day simple moving average is C$0.16. The company has a market cap of C$14.78 million, a price-to-earnings ratio of -7.00 and a beta of 1.13. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.55 and a quick ratio of 14.39.
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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