Giga Metals Corp GIGA

Morningstar Rating
CAD 0.14 +0.01 (3.70%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

GIGA is trading at a 341% premium.
Price
CAD 0.14
Fair Value
CAD 1.61
Uncertainty
Extreme
1-Star Price
CAD 8.30
5-Star Price
CAD 8.69
Economic Moat
Wcff
Capital Allocation

News

Trading Information

Previous Close Price
CAD 0.14
Day Range
CAD 0.130.15
52-Week Range
CAD 0.110.27
Bid/Ask
CAD 0.13 / CAD 0.15
Market Cap
CAD 14.78 Mil
Volume/Avg
83,000 / 40,984

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Giga Metals Corp is engaged in the acquisition and exploration of mineral properties in Canada. The company is focused on two of the key metals used in the batteries of electric vehicles: Nickel and Cobalt. It is developing the Turnagain deposit, a giant nickel sulphide deposit in north-central British Columbia, Canada. The Company operates in a single reportable operating segment being the acquisition, exploration and development of mineral properties.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Core
Total Number of Employees
7

Valuation

Metric
GIGA
Price/Earnings (Normalized)
Price/Book Value
1.97
Price/Sales
Price/Cash Flow
Price/Earnings
GIGA

Financial Strength

Metric
GIGA
Quick Ratio
2.11
Current Ratio
2.55
Interest Coverage
−87.23
Quick Ratio
GIGA

Profitability

Metric
GIGA
Return on Assets (Normalized)
−7.02%
Return on Equity (Normalized)
−20.99%
Return on Invested Capital (Normalized)
−7.41%
Return on Assets
GIGA

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