CVE:GIGAGiga Metals Stock Price, Forecast & News

C$0.20

+0.02 (+11.11 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

C$0.18

Now: C$0.20▼

C$0.20

50-Day Range

C$0.17

MA: C$0.19▼

C$0.23

52-Week Range

C$0.13

Now: C$0.20▼

C$0.53

Volume46,000 shs

Average Volume48,295 shs

Market CapitalizationC$11.10 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Giga Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. It owns a 100% interest in the Turnagain property comprising 65 contiguous mineral claims covering an area of 32,754 ha located in the Liard Mining Division of northern British Columbia. The company was formerly known as Hard Creek Nickel Corporation and changed its name to Giga Metals Corporation in August 2017. Giga Metals Corporation was founded in 1983 and is headquartered in Vancouver, Canada.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of C$1.01, Giga Metals has a potential upside of 405.0% from its current price of C$0.20.
Amount of Analyst Coverage
Giga Metals has received no research coverage in the past 90 days.

2.4 Community Rank

Outperform Votes
Giga Metals has received 24 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Giga Metals has received 25 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Giga Metals has received 51.02% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Giga Metals and other stocks. Vote “Outperform” if you believe GIGA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GIGA will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Giga Metals does not currently pay a dividend.
Dividend Growth
Giga Metals does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Giga Metals insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Giga Metals is -6.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Giga Metals is -6.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Giga Metals has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.88 out of 5 stars

Industry, Sector and Symbol

Stock Exchange CVE

Industry Industrial Metals & Minerals

Sub-IndustryN/A

SectorBasic Materials

Current SymbolCVE:GIGA

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.hardcreek.com

Phone604-681-2300

Debt

Debt-to-Equity Ratio4.28

Current Ratio6.04

Quick Ratio5.90

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowC$0.03 per share

Price / Cash Flow6.67

Book ValueC$0.12 per share

Price / Book1.61

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares55,494,000

Market CapC$11.10 million

Next Earnings DateN/A

OptionableNot Optionable

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Giga Metals (CVE:GIGA) Frequently Asked Questions

How has Giga Metals' stock been impacted by COVID-19 (Coronavirus)?

Giga Metals' stock was trading at C$0.17 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GIGA shares have increased by 21.2% and is now trading at C$0.20. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Giga Metals?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Giga Metals in the last year. There are currently 1 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View analyst ratings for Giga Metals.

What price target have analysts set for GIGA?

1 brokerages have issued 12 month price objectives for Giga Metals' stock. Their forecasts range from C$1.01 to C$1.01. On average, they anticipate Giga Metals' stock price to reach C$1.01 in the next twelve months. This suggests a possible upside of 405.0% from the stock's current price. View analysts' price targets for Giga Metals.

Has Giga Metals been receiving favorable news coverage?

Headlines about GIGA stock have been trending very negative on Sunday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Giga Metals earned a news impact score of -3.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutGiga Metals.

Who are some of Giga Metals' key competitors?

Some companies that are related to Giga Metals include Peninsula Energy (PEN), Bligh Resources (BGH), Goldquest Mining (GQC), SouthGobi Resources (SGQ), Kore Potash Plc Chess Depositary Interests 1:1 (KP2), Lotus Resources (LOT), Canlan Ice Sports (ICE), American Lithium (LI), Strategic Metals (SMD), Canyon Copper (CNC), Berkeley Energia (BKY), Bowen Coking Coal (BCB), Bannerman Resources (BMN), Canadian Orebodies (CORE) and Aldershot Resources (ALZ). View all competitors.

What other stocks do shareholders of Giga Metals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Giga Metals investors own include Shoal Point Energy (SHP), GMK Noril'skiy nikel' PAO (GDR) (NILSY), Aldershot Resources (ALZ), AEterna Zentaris (AEZ), Agnico Eagle Mines (AEM), Agnico Eagle Mines (AEM), Aurora Cannabis (ACB), Aurora Cannabis (ACB), ARBOR RLTY TR I/SH (ABR) and Aben Resources (ABN).

Who are Giga Metals' key executives?

Giga Metals' management team includes the following people:

Mr. Mark Jarvis, CEO, Pres & Director (Age 64)
Ms. Leslie Young, Corp. Sec. (Age 60)
Mr. Matthew James Anderson CA, Controller & CFO (Age 36)
Mr. Erick Bertsch, Director of Corp. Communications
Mr. David Wilson Tupper P.Geo, Mang. of Exploration & Mang. of Geology

What is Giga Metals' stock symbol?

Giga Metals trades on the Canadian Venture Exchange (CVE) under the ticker symbol "GIGA."

How do I buy shares of Giga Metals?

Shares of GIGA and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Giga Metals' stock price today?

One share of GIGA stock can currently be purchased for approximately C$0.20.

How big of a company is Giga Metals?

Giga Metals has a market capitalization of C$11.10 million.

What is Giga Metals' official website?

The official website for Giga Metals is www.hardcreek.com.

How can I contact Giga Metals?

The company can be reached via phone at 604-681-2300.

This page was last updated on 5/31/2020 by MarketBeat.com Staff