Giga Metals (CVE:GIGA) Stock Price Down 7.1% – Should You Sell?

by · The Cerbat Gem

Giga Metals Co. (CVE:GIGA – Get Free Report)’s share price fell 7.1% on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. 96,500 shares changed hands 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 Trading Down 7.1 %

The company has a market capitalization of C$13.73 million, a PE ratio of -6.50 and a beta of 1.13. The company has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.16. The company has a current ratio of 2.55, a quick ratio of 14.39 and a debt-to-equity ratio of 0.40.

Giga Metals Company Profile

(Get Free Report)

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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