Fundamental Research Sticks to Its Buy Rating for Giga Metals Corporation (GIGA)

Giga Metals Corporation (GIGAResearch Report), the Materials sector company, has received a rating update from a Wall Street analyst yesterday. The Materials company, Giga Metals Corporation (TSXV: GIGA) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Rajeev has currently no stars on a ranking scale of 0-5 stars, with an average return of -13.7% and a 25.1% success rate. Rajeev covers the Basic Materials sector, focusing on stocks such as Inception Mining Inc, New Age Metals Inc, and Corvis Gold.

Currently, the analyst consensus on Giga Metals Corporation is a Moderate Buy with an average price target of C$1.01.

Giga Metals Corporation’s market cap is currently C$21.22M and has a P/E ratio of 8.57. The company has a Price to Book ratio of 2.62.

GIGA Metals Corp. engages in the acquisition, exploration, and development of mineral properties. Its flagship project is the Turnagain property located in British Columbia. The company was founded on January 17, 1983 and is headquartered in Vancouver, Canada.

The company’s shares closed last Tuesday at C$0.39.