Giga Metals Corporation
GIGA.V
Toronto Stock Exchange Ventures0.09
CAD
- -
- -
ISIN
CA37518K1021
CUSIP
37518K102
Return %
Stock
S&P500
1Y
- -
26.57
3Y
-65.38
76.60
5Y
-76.92
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Scott Lendrum
- Full Time Employees
- 7
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 700 West Pender Street Vancouver BC Canada V6C 1G8
- IPO Date
- Aug 8, 1996
- Website
- gigametals.com
- Similar Companies
- Business
- Giga Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada, with a focus on nickel, cobalt, copper, platinum group elements, and palladium deposits critical for electric vehicle batteries and clean energy applications. The company's core asset is the Turnagain Project in north-central British Columbia, held through an 85% interest in subsidiary Hard Creek Nickel Corporation (jointly owned with Mitsubishi Corporation), which hosts one of the world's largest undeveloped sulphide nickel-cobalt resources in the Horsetrail, Northwest, Duffy, and Hatzl zones across approximately 44,000 hectares of mineral claims; the project features Proven and Probable Mineral Reserves of 950 million tonnes grading 0.206% nickel and 0.012% cobalt, supporting potential production of 37,288 tonnes per year of nickel plus cobalt via open-pit mining, crushing, grinding, and froth flotation to produce high-grade 18% nickel, 1.1% cobalt sulphide concentrate suitable for smelters or pressure oxidation to Class 1 nickel, as outlined in the October 2023 Pre-Feasibility Study projecting a 30-year mine life, US$1.9 billion NPV, and low-carbon intensity of under 1.8 tonnes CO2 per tonne of nickel at the site gate. Operations target battery metal markets through advanced metallurgical processes yielding clean concentrates low in impurities like arsenic and mercury, with prospective expansion into copper and PGE mineralization in underexplored areas such as the Attic Zone. Founded in 1983 and headquartered in Vancouver, British Columbia, at 700 West Pender Street, the company changed its name from Hard Creek Nickel Corporation in August 2017 following a share consolidation. Recent developments include the completion of an upsized private placement in November 2025 raising approximately C$1.55 million through flow-through and non-flow-through units for exploration at Turnagain, debt settlement of C$63,250 via share issuance, engagement of ICP Securities for automated market making in late 2025, launch of a magnetotelluric geophysics survey in September 2025 to evaluate expansion potential, and appointment of Scott Lendrum as CEO in June 2025, positioning the company for a 2026 field program amid a joint venture with Mitsubishi to advance toward a Bankable Feasibility Study.
Giga Metals Announces Non-Brokered Private Placement Including Critical Minerals Flow-Through