Giga Metals Corporation, a mineral company headquartered in Vancouver, Canada, operates within the Materials sector, specifically focusing on the extraction and development of nickel, cobalt, and other essential raw materials. These materials are critical for applications in the electric vehicle and battery energy storage markets. The company is listed on the TSX Venture Exchange and trades under the ticker symbol GMA.
As of February 11, 2026, Giga Metals Corp’s share price stood at CAD 0.14. This price is notably above the company’s 52-week low of CAD 0.07, recorded on December 17, 2025, but below its 52-week high of CAD 0.17, which was observed on October 16, 2025. The company’s market capitalization is currently valued at CAD 19,050,000.
Financially, Giga Metals Corp is characterized by a negative price-to-earnings ratio of -7.25, indicative of its current operating losses. Additionally, the price-to-book ratio of 0.87 suggests that the market values the company at less than its book value per share. These financial metrics highlight a valuation that is modest in relation to both book and earnings metrics, reflecting the company’s focus on development rather than established profitability.
In terms of recent developments, Giga Metals Corp has remained relatively inactive in the news circuit, with its most recent public disclosure dated January 14, 2026. This announcement detailed an exclusive collaboration with Arca, aimed at carbon-removal initiatives at a British Columbian nickel project. The partnership has the potential to sequester up to 220 million tonnes of CO₂, aligning with broader environmental and sustainability goals.
Overall, Giga Metals Corp’s current financial and operational status underscores its developmental focus within the metals and mining industry, particularly in the context of essential raw materials for emerging technologies. The company’s strategic initiatives, such as the collaboration with Arca, highlight its commitment to integrating sustainability into its core operations.
