Giga Metals (CVE:GIGA) Stock Price Down 2.5%

Giga Metals Corp (CVE:GIGA) fell 2.5% during trading on Thursday . The company traded as low as C$0.38 and last traded at C$0.39, 42,400 shares changed hands during trading. A decline of 48% from the average session volume of 80,978 shares. The stock had previously closed at C$0.40.

The company has a quick ratio of 22.63, a current ratio of 23.67 and a debt-to-equity ratio of 4.10. The firm has a market cap of $20.69 million and a price-to-earnings ratio of 13.33. The stock’s 50 day moving average is C$0.27 and its 200 day moving average is C$0.22.

Giga Metals Company Profile (CVE:GIGA)

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.

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