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

Giga Metals Co. (CVE:GIGAGet 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

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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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