Giga Metals (CVE:GIGA) Trading Down 2.7%

Giga Metals Co. (CVE:GIGAGet Free Report) shares fell 2.7% during mid-day trading on Monday . The company traded as low as C$0.18 and last traded at C$0.18. 81,010 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 64,005 shares. The stock had previously closed at C$0.19.

Giga Metals Trading Down 2.7 %

The company has a quick ratio of 14.39, a current ratio of 4.45 and a debt-to-equity ratio of 0.63. The firm has a market cap of C$17.62 million, a price-to-earnings ratio of -9.00 and a beta of 1.05. The company has a 50-day moving average price of C$0.17 and a 200 day moving average price of C$0.18.

About Giga Metals

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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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