Giga Metals Corp
GIGGF · Metal Mining · EDGAR filings ↗
Grade
D46Pre-revenue nickel exploration company (Turnagain) burning cash with no commercial operations.
Strengths
- Clean balance sheet — no significant debt and current ratio 18x (97th pct) with ~12 months of working capital
- Reduced cash burn versus prior year
Risks
- Negative returns (ROA -20%, ROE -21%) with no revenue and dependence on dilutive equity raises to continue
- Exploration-stage asset with no proven commercial ore; going-concern-adjacent funding risk
Key metrics
Return on equity
-21.1%
Return on assets
-19.7%
Current ratio
18.1×
Tangible book value
$8M
Cash & investments
$3M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2021-04-29 | 2020-12-31 | 0001062993-21-003933 ↗ |
| 20-F | 2020-04-28 | 2019-12-31 | 0001062993-20-001981 ↗ |
| 20-F | 2019-04-30 | 2018-12-31 | 0001062993-19-001923 ↗ |
| 20-F | 2018-04-30 | 2017-12-31 | 0001062993-18-001847 ↗ |
| 20-F | 2017-04-28 | 2016-12-31 | 0001062993-17-002104 ↗ |
| 20-F | 2016-04-27 | 2015-12-31 | 0001062993-16-009250 ↗ |
| 20-F | 2015-04-30 | 2014-12-31 | 0001062993-15-002245 ↗ |
| 20-F | 2014-04-29 | 2013-12-31 | 0001062993-14-002397 ↗ |
| 20-F | 2013-05-01 | 2012-12-31 | 0001062993-13-002200 ↗ |
| 20-F | 2012-05-25 | 2011-12-31 | 0001062993-12-001914 ↗ |
| 20-F | 2011-06-27 | 2010-12-31 | 0001062993-11-002732 ↗ |
| 20-F | 2010-07-01 | 2009-12-31 | 0001062993-10-002236 ↗ |