Giga Metals Stock Fundamentals
| HNCKFDelisted Stock | USD 0.19 0.01 5.56% |
Giga Metals fundamentals help investors to digest information that contributes to Giga Metals' financial success or failures. It also enables traders to predict the movement of Giga OTC Stock. The fundamental analysis module provides a way to measure Giga Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Giga Metals otc stock.
Giga |
Giga Metals OTC Stock Current Valuation Analysis
Giga Metals' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Giga Metals Current Valuation | 16.97 M |
Most of Giga Metals' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Giga Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Giga Metals has a Current Valuation of 16.97 M. This is 99.85% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all United States stocks is 99.9% higher than that of the company.
Giga Metals Fundamental Drivers 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 is rated # 5 in return on equity category among its peers. It also is rated # 5 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 Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Giga Metals' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Giga Metals could also be used in its relative valuation, which is a method of valuing Giga Metals by comparing valuation metrics of similar companies.Giga Metals is currently under evaluation in current valuation category among its peers.
Giga Fundamentals
| Return On Equity | -0.15 | |||
| Return On Asset | -0.0914 | |||
| Current Valuation | 16.97 M | |||
| Shares Outstanding | 97.9 M | |||
| Shares Owned By Insiders | 11.37 % | |||
| Shares Owned By Institutions | 2.00 % | |||
| Price To Earning | 6.68 X | |||
| Price To Book | 1.41 X | |||
| EBITDA | (2.62 M) | |||
| Net Income | (2.74 M) | |||
| Cash And Equivalents | 2.88 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 40 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 2.40 X | |||
| Book Value Per Share | 0.23 X | |||
| Cash Flow From Operations | (1.83 M) | |||
| Earnings Per Share | (0.03) X | |||
| Number Of Employees | 14 | |||
| Beta | 1.36 | |||
| Market Capitalization | 21.98 M | |||
| Total Asset | 14.99 M | |||
| Net Asset | 14.99 M |
About Giga Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Giga Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Giga Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Giga Metals based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Giga Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. Giga Metals Corporation was incorporated in 1983 and is headquartered in Vancouver, Canada. Giga Metals is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Giga OTC Stock
If you are still planning to invest in Giga Metals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Giga Metals' history and understand the potential risks before investing.
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