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Giga Metals TSXV:GIGA Stock Report

Last Price

CA$0.13

Market Cap

CA$13.7m

7D

-10.3%

1Y

-31.6%

Updated

24 Nov, 2024

Data

Company Financials

Giga Metals Corporation

TSXV:GIGA Stock Report

Market Cap: CA$13.7m

GIGA Stock Overview

Engages in the acquisition, exploration, and development of mineral properties in Canada. More details

GIGA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Does not have a meaningful market cap (CA$14M)

Makes less than USD$1m in revenue (CA$0)

Earnings have declined by 4.8% per year over past 5 years

Shareholders have been diluted in the past year


Giga Metals Corporation Competitors

First Phosphate

CNSX:PHOS

CA$13.7m

Geomega Resources

TSXV:GMA

CA$13.6m

Clean Air Metals

TSXV:AIR

CA$13.9m

Max Power Mining

CNSX:MAXX

CA$12.3m

Price History & Performance

Summary of all time highs, changes and price drops for Giga Metals
Historical stock prices
Current Share PriceCA$0.13
52 Week HighCA$0.23
52 Week LowCA$0.10
Beta1.18
11 Month Change-7.14%
3 Month Change-18.75%
1 Year Change-31.58%
33 Year Change-71.74%
5 Year Change-66.67%
Change since IPO-97.92%

Recent News & Updates

Recent updates

Here's Why We're Not Too Worried About Giga Metals' (CVE:GIGA) Cash Burn Situation

Aug 31
Here's Why We're Not Too Worried About Giga Metals' (CVE:GIGA) Cash Burn Situation

Shareholder Returns

GIGACA Metals and MiningCA Market
7D-10.3%6.6%2.1%
1Y-31.6%32.1%23.4%

Return vs Industry: GIGA underperformed the Canadian Metals and Mining industry which returned 32.1% over the past year.

Return vs Market: GIGA underperformed the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is GIGA's price volatile compared to industry and market?
GIGA volatility
GIGA Average Weekly Movement11.3%
Metals and Mining Industry Average Movement10.4%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

Stable Share Price: GIGA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: GIGA's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983n/aMark Jarvisgigametals.com

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 73 contiguous mineral claims covering an area of approximately 39,848 hectares located in the Liard mining division of northern British Columbia.

Giga Metals Corporation Fundamentals Summary

How do Giga Metals's earnings and revenue compare to its market cap?
GIGA fundamental statistics
Market capCA$13.73m
Earnings (TTM)-CA$1.72m
Revenue (TTM)n/a

0.0x

P/S Ratio

-8.0x

P/E Ratio

Is GIGA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GIGA income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$1.72m
Earnings-CA$1.72m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did GIGA perform over the long term?

See historical performance and comparison