Independence Gold Corp. (CVE:IGO – Get Free Report) fell 5.7% on Friday . The company traded as low as C$0.17 and last traded at C$0.17. 133,392 shares changed hands during trading, a decline of 33% from the average session volume of 200,312 shares. The stock had previously closed at C$0.18.
Independence Gold Trading Down 2.9 %
The business’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.22. The company has a quick ratio of 0.38, a current ratio of 3.35 and a debt-to-equity ratio of 6.41. The firm has a market capitalization of C$38.19 million, a P/E ratio of -5.82 and a beta of 1.43.
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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