Giga Metals Corporation Logo

Giga Metals Corporation

GIGA.V

(1.2)
Stock Price

0,12 CAD

-9.42% ROA

-11.23% ROE

-7.43x PER

Market Cap.

16.643.697,00 CAD

0.85% DER

0% Yield

0% NPM

Giga Metals Corporation Stock Analysis

Giga Metals Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Giga Metals Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.97x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (1%), which means it has a small amount of debt compared to the ownership it holds

3 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

4 ROE

Negative ROE (-9.04%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-7.67%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (0), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Giga Metals Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Giga Metals Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Giga Metals Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Giga Metals Corporation Revenue
Year Revenue Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Giga Metals Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Giga Metals Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 1.917.174 100%
2009 1.173.749 -63.34%
2010 1.311.241 10.49%
2011 1.503.418 12.78%
2012 524.944 -186.4%
2013 367.269 -42.93%
2014 197.680 -85.79%
2015 159.103 -24.25%
2016 193.353 17.71%
2017 635.897 69.59%
2018 1.739.173 63.44%
2019 2.266.242 23.26%
2020 1.962.959 -15.45%
2021 3.021.273 35.03%
2022 2.628.172 -14.96%
2023 1.930.484 -36.14%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Giga Metals Corporation EBITDA
Year EBITDA Growth
2000 -190.657
2001 -64.308 -196.47%
2002 -407.631 84.22%
2003 -1.235.085 67%
2004 -1.904.736 35.16%
2005 -883.910 -115.49%
2006 -1.527.085 42.12%
2007 -2.701.882 43.48%
2008 -1.568.867 -72.22%
2009 -1.184.834 -32.41%
2010 -1.394.415 15.03%
2011 -1.636.134 14.77%
2012 -669.823 -144.26%
2013 -384.799 -74.07%
2014 22.582.501 101.7%
2015 9.881.492 -128.53%
2016 -164.260 6115.76%
2017 -583.933 71.87%
2018 -4.604.416 87.32%
2019 -2.210.310 -108.32%
2020 -1.893.109 -16.76%
2021 -2.618.438 27.7%
2022 -2.563.035 -2.16%
2023 -1.855.204 -38.15%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Giga Metals Corporation Gross Profit
Year Gross Profit Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 -10.893 100%
2013 -10.117 -7.67%
2014 -5.082 -99.08%
2015 -3.876 -31.11%
2016 -2.968 -30.59%
2017 0 0%
2018 -11.383 100%
2019 -79.923 85.76%
2020 -97.914 18.37%
2021 -98.676 0.77%
2022 -105.368 6.35%
2023 -249.892 57.83%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Giga Metals Corporation Net Profit
Year Net Profit Growth
2000 -49.182
2001 -351.032 85.99%
2002 -202.922 -72.99%
2003 -1.146.084 82.29%
2004 -948.638 -20.81%
2005 -517.767 -83.22%
2006 -1.197.120 56.75%
2007 -1.778.211 32.68%
2008 -1.958.267 9.19%
2009 -1.477.538 -32.54%
2010 -1.219.520 -21.16%
2011 -1.630.653 25.21%
2012 -319.202 -410.85%
2013 -295.579 -7.99%
2014 -22.803.513 98.7%
2015 -10.230.524 -122.9%
2016 -224.112 -4464.92%
2017 -683.299 67.2%
2018 1.150.637 159.38%
2019 -1.663.674 169.16%
2020 -2.021.798 17.71%
2021 -2.738.159 26.16%
2022 -2.857.579 4.18%
2023 -1.917.980 -48.99%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Giga Metals Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 0
2001 -1 0%
2002 0 0%
2003 -1 100%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 -3 100%
2015 -1 -100%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Giga Metals Corporation Free Cashflow
Year Free Cashflow Growth
2000 -219.921
2001 -213.047 -3.23%
2002 -272.669 21.87%
2003 -671.496 59.39%
2004 -1.162.475 42.24%
2005 -741.215 -56.83%
2006 -1.146.329 35.34%
2007 -2.086.432 45.06%
2008 -5.652.679 63.09%
2009 -3.311.499 -70.7%
2010 -2.821.196 -17.38%
2011 -2.950.514 4.38%
2012 -856.577 -244.45%
2013 -420.833 -103.54%
2014 -293.757 -43.26%
2015 -233.929 -25.58%
2016 -171.590 -36.33%
2017 -565.103 69.64%
2018 -6.210.079 90.9%
2019 -3.260.453 -90.47%
2020 -2.914.802 -11.86%
2021 -8.326.107 64.99%
2022 -1.562.482 -432.88%
2023 -1.028.552 -51.91%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Giga Metals Corporation Operating Cashflow
Year Operating Cashflow Growth
2000 -219.921
2001 -213.047 -3.23%
2002 -266.819 20.15%
2003 -663.138 59.76%
2004 -1.148.783 42.27%
2005 -732.161 -56.9%
2006 -1.124.316 34.88%
2007 -2.056.847 45.34%
2008 -1.320.191 -55.8%
2009 -902.860 -46.22%
2010 -1.181.496 23.58%
2011 -1.160.471 -1.81%
2012 -443.966 -161.39%
2013 -291.363 -52.38%
2014 -201.882 -44.32%
2015 -164.230 -22.93%
2016 -142.497 -15.25%
2017 -512.283 72.18%
2018 -1.344.283 61.89%
2019 -1.390.827 3.35%
2020 -1.267.251 -9.75%
2021 -1.826.065 30.6%
2022 -1.558.331 -17.18%
2023 -405.571 -284.23%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Giga Metals Corporation Capital Expenditure
Year Capital Expenditure Growth
2000 0
2001 0 0%
2002 5.850 100%
2003 8.358 30.01%
2004 13.692 38.96%
2005 9.054 -51.23%
2006 22.013 58.87%
2007 29.585 25.59%
2008 4.332.488 99.32%
2009 2.408.639 -79.87%
2010 1.639.700 -46.9%
2011 1.790.043 8.4%
2012 412.611 -333.83%
2013 129.470 -218.69%
2014 91.875 -40.92%
2015 69.699 -31.82%
2016 29.093 -139.57%
2017 52.820 44.92%
2018 4.865.796 98.91%
2019 1.869.626 -160.26%
2020 1.647.551 -13.48%
2021 6.500.042 74.65%
2022 4.151 -156489.79%
2023 622.981 99.33%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Giga Metals Corporation Equity
Year Equity Growth
2000 1.066.494
2001 1.080.262 1.27%
2002 1.738.245 37.85%
2003 3.945.618 55.94%
2004 7.982.598 50.57%
2005 10.726.304 25.58%
2006 16.273.397 34.09%
2007 32.019.396 49.18%
2008 31.087.562 -3%
2009 29.815.498 -4.27%
2010 33.047.362 9.78%
2011 32.618.138 -1.32%
2012 33.435.396 2.44%
2013 33.257.853 -0.53%
2014 10.454.340 -218.12%
2015 223.816 -4570.95%
2016 287.919 22.26%
2017 4.511.046 93.62%
2018 6.796.805 33.63%
2019 6.862.251 0.95%
2020 9.575.233 28.33%
2021 14.050.202 31.85%
2022 23.869.881 41.14%
2023 22.673.468 -5.28%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Giga Metals Corporation Assets
Year Assets Growth
2000 1.301.113
2001 1.308.650 0.58%
2002 1.913.098 31.6%
2003 4.291.478 55.42%
2004 8.083.761 46.91%
2005 11.157.371 27.55%
2006 17.189.205 35.09%
2007 33.846.521 49.21%
2008 31.637.006 -6.98%
2009 30.920.228 -2.32%
2010 33.941.040 8.9%
2011 33.254.766 -2.06%
2012 33.849.384 1.76%
2013 33.490.472 -1.07%
2014 10.480.933 -219.54%
2015 239.665 -4273.16%
2016 302.889 20.87%
2017 4.656.028 93.49%
2018 7.109.786 34.51%
2019 7.739.500 8.14%
2020 10.238.326 24.41%
2021 14.985.639 31.68%
2022 25.239.930 40.63%
2023 23.776.581 -6.15%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Giga Metals Corporation Liabilities
Year Liabilities Growth
2000 234.619
2001 228.388 -2.73%
2002 174.853 -30.62%
2003 345.860 49.44%
2004 101.163 -241.88%
2005 431.067 76.53%
2006 915.808 52.93%
2007 1.827.125 49.88%
2008 549.444 -232.54%
2009 1.104.730 50.26%
2010 893.678 -23.62%
2011 636.628 -40.38%
2012 413.988 -53.78%
2013 232.619 -77.97%
2014 26.593 -774.74%
2015 15.849 -67.79%
2016 14.970 -5.87%
2017 144.982 89.67%
2018 312.981 53.68%
2019 877.249 64.32%
2020 663.093 -32.3%
2021 935.437 29.11%
2022 1.370.049 31.72%
2023 1.103.113 -24.2%

Giga Metals Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.02
Price to Earning Ratio
-7.43x
Price To Sales Ratio
0x
POCF Ratio
-11.4
PFCF Ratio
-3.28
Price to Book Ratio
0.86
EV to Sales
0
EV Over EBITDA
-6.82
EV to Operating CashFlow
-9.84
EV to FreeCashFlow
-2.83
Earnings Yield
-0.13
FreeCashFlow Yield
-0.3
Market Cap
0,02 Bil.
Enterprise Value
0,01 Bil.
Graham Number
0.32
Graham NetNet
0.01

Income Statement Metrics

Net Income per Share
-0.02
Income Quality
0.64
ROE
-0.11
Return On Assets
-0.09
Return On Capital Employed
-0.1
Net Income per EBT
0.98
EBT Per Ebit
1.02
Ebit per Revenue
0
Effective Tax Rate
0.06

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.01
Free CashFlow per Share
-0.05
Capex to Operating CashFlow
2.48
Capex to Revenue
0
Capex to Depreciation
-24.77
Return on Invested Capital
-0.11
Return on Tangible Assets
-0.09
Days Sales Outstanding
0
Days Payables Outstanding
688.84
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.53
Inventory Turnover
0
Capex per Share
-0.04

Balance Sheet

Cash per Share
0,02
Book Value per Share
0,20
Tangible Book Value per Share
0.23
Shareholders Equity per Share
0.2
Interest Debt per Share
0
Debt to Equity
0.01
Debt to Assets
0.01
Net Debt to EBITDA
1.08
Current Ratio
4.84
Tangible Asset Value
0,02 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
0.01
Working Capital
0,00 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Giga Metals Corporation Dividends
Year Dividends Growth

Giga Metals Corporation Profile

About Giga Metals Corporation

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 71 contiguous mineral claims covering an area of approximately 38,681 hectares located in the Liard mining division of northern British Columbia. The company was formerly known as Hard Creek Nickel Corporation and changed its name to Giga Metals Corporation in August 2017. Giga Metals Corporation was incorporated in 1983 and is headquartered in Vancouver, Canada.

CEO
Mr. Mark Jarvis
Employee
7
Address
700 West Pender Street
Vancouver, V6C 1G8

Giga Metals Corporation Executives & BODs

Giga Metals Corporation Executives & BODs
# Name Age
1 Mr. Mark Jarvis
Chief Executive Officer & Chairman of the Board
70
2 Ms. Holly Millar
Director of Corporate Communications & Marketing
70
3 Mr. Matthew James Anderson CPA, CA
Controller & Chief Financial Officer
70
4 Mr. Martin Vydra
President & Director
70
5 Ms. Leslie Young
Corporate Secretary
70

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