Giga Metals Financials
| GIGA Stock | CAD 0.11 0.01 8.33% |
Giga |
Understanding current and past Giga Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Giga Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in Giga Metals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Giga Metals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Giga Metals Corp. Check Giga Metals' Beneish M Score to see the likelihood of Giga Metals' management manipulating its earnings.
Giga Metals Stock Summary
Giga Metals competes with FPX Nickel, Canada Nickel, Stillwater Critical, and Surge Copper. Giga Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. Giga Metals Corporation was founded in 1983 and is headquartered in Vancouver, Canada. GIGA METALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.| Foreign Associate | USA |
Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA37518K1021 |
| Business Address | 700 West Pender |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | gigametals.com |
| Phone | 604 681 2300 |
| Currency | CAD - Canadian Dollar |
You should never invest in Giga Metals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Giga Stock, because this is throwing your money away. Analyzing the key information contained in Giga Metals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Giga Metals Key Financial Ratios
There are many critical financial ratios that Giga Metals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Giga Metals Corp reports annually and quarterly.| Return On Equity | -0.0792 | ||||
| Return On Asset | -0.0482 | ||||
| Number Of Shares Shorted | 20 | ||||
| Target Price | 0.53 | ||||
| Beta | 0.84 |
Giga Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Giga Metals's current stock value. Our valuation model uses many indicators to compare Giga Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Giga Metals competition to find correlations between indicators driving Giga Metals's intrinsic value. More Info.Giga Metals Corp is rated # 4 in return on equity category among its peers. It also is rated # 4 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Giga Metals' earnings, one of the primary drivers of an investment's value.Giga Metals Corp Systematic Risk
Giga Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Giga Metals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Giga Metals Corp correlated with the market. If Beta is less than 0 Giga Metals generally moves in the opposite direction as compared to the market. If Giga Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Giga Metals Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Giga Metals is generally in the same direction as the market. If Beta > 1 Giga Metals moves generally in the same direction as, but more than the movement of the benchmark.
Giga Metals March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Giga Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Giga Metals Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Giga Metals Corp based on widely used predictive technical indicators. In general, we focus on analyzing Giga Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Giga Metals's daily price indicators and compare them against related drivers.
| Information Ratio | (0) | |||
| Maximum Drawdown | 16.03 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Additional Tools for Giga Stock Analysis
When running Giga Metals' price analysis, check to measure Giga Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Giga Metals is operating at the current time. Most of Giga Metals' value examination focuses on studying past and present price action to predict the probability of Giga Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Metals' price. Additionally, you may evaluate how the addition of Giga Metals to your portfolios can decrease your overall portfolio volatility.