Shares of Giga Metals Co. (CVE:GIGA – Get Free Report) rose 8.7% during trading on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 11,715 shares traded hands during trading, a decline of 78% from the average daily volume of 54,470 shares. The stock had previously closed at C$0.12.
Giga Metals Stock Up 8.7 %
The business’s 50 day simple moving average is C$0.13 and its 200 day simple moving average is C$0.14. The company has a current ratio of 2.55, a quick ratio of 14.39 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of C$13.20 million, a PE ratio of -6.25 and a beta of 1.13.
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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