Giga Metals (GIGA) Stock Price, News & Analysis

Company Overview

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. 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 incorporated in 1983 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$0.10 to C$0.10
• 50-Day Range: C$0.08 to C$0.10
• 52-Week Range: C$0.07 to C$0.19
• Volume: 14,926 shs
• Average Volume: 57,696 shs
• Market Capitalization: C$10.03 million
• P/E Ratio: N/A
• Dividend Yield: 0.34%
• Price Target: C$0.75
• Consensus Rating: Buy

GIGA Stock Analysis - Frequently Asked Questions

How have GIGA shares performed this year?

Giga Metals' stock was trading at C$0.13 at the beginning of the year. Since then, GIGA shares have decreased by 24.0% and is now trading at C$0.10.

How do I buy shares of Giga Metals?

Shares of GIGA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Giga Metals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Giga Metals investors own include Plug Power (PLUG), Shoal Point Energy (SHP), Novavax (NVAX), Aurora Cannabis (ACB), Acasti Pharma (ACST), ADOMANI (ADOM) and BHP Group (BHP).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: CVE:GIGA
• CIK: N/A
• Web: www.hardcreek.com
• Phone: 604-681-2300
• Fax: N/A
• Employees: 40
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Giga Metals: C$0.75
• High Price Target: C$0.75
• Low Price Target: C$0.75
• Potential Upside/Downside: +689.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$1.69 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -8.75%
• Return on Assets: -5.22%

Debt

• Debt-to-Equity Ratio: 0.31
• Current Ratio: 4.83
• Quick Ratio: 14.39

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.03 per share
• Price / Cash Flow: 3.35
• Book Value: C$0.22 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 105,587,000
• Free Float: N/A
• Market Cap: C$10.03 million
• Optionable: Not Optionable
• Beta: 1.13