Shares of Independence Gold Corp. (CVE:IGO – Get Free Report) fell 2.3% during trading on Friday . The stock traded as low as C$0.22 and last traded at C$0.22. 300,510 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 217,350 shares. The stock had previously closed at C$0.22.
Independence Gold Price Performance
The firm’s fifty day moving average price is C$0.21 and its 200 day moving average price is C$0.22. The firm has a market capitalization of C$34.40 million, a PE ratio of -7.17 and a beta of 1.43. The company has a current ratio of 3.14, a quick ratio of 0.38 and a debt-to-equity ratio of 6.76.
Independence Gold Company Profile
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.
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