Independence Gold Corp. (CVE:IGO – Get Free Report)’s share price was down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 79,000 shares were traded during trading, a decline of 82% from the average daily volume of 441,272 shares. The stock had previously closed at C$0.11.
Independence Gold Price Performance
The company has a market cap of C$20.22 million, a PE ratio of -3.00 and a beta of -1.36. The firm’s 50-day moving average is C$0.14 and its 200-day moving average is C$0.14. The company has a quick ratio of 0.38, a current ratio of 3.35 and a debt-to-equity ratio of 6.41.
About Independence Gold
Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in Canada and North America. It explores for gold and silver deposits. The company holds 100% interest in the 3Ts Project comprising six claim groups and consist of seventy mineral claims covering an approximately 8,840 hectares located in the Nechako Plateau region of central British Columbia; and the Laidman Project comprising six mineral tenures covering an approximately 10,800 hectares located in the British Columbia.
Further Reading
- Five stocks we like better than Independence Gold
- How to Use High Beta Stocks to Maximize Your Investing Profits
- NVIDIA Just Proved the AI Boom Is Bigger Than Anyone Thought
- How to Read Stock Charts for Beginners
- Why Target Stock May Keep Falling Despite a 5% Dividend Yield
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Is Tesla Setting Up for a Year-End Rebound—or a Collapse?
Receive News & Ratings for Independence Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Independence Gold and related companies with MarketBeat.com's FREE daily email newsletter.
