Independence Gold (CVE:IGO) Stock Price Down 16.7%

Independence Gold Corp (CVE:IGO)’s share price fell 16.7% on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, 129,000 shares changed hands during mid-day trading. An increase of 254% from the average session volume of 36,435 shares. The stock had previously closed at C$0.06.

The company has a debt-to-equity ratio of 7.97, a current ratio of 6.29 and a quick ratio of 6.29. The firm has a market cap of $3.66 million and a price-to-earnings ratio of -1.06. The company has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07.

Independence Gold (CVE:IGO) last announced its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter. On average, research analysts expect that Independence Gold Corp will post -0.07 earnings per share for the current fiscal year.

Independence Gold Company Profile (CVE:IGO)

Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. It explores for gold and silver deposits. The company holds 100% interest in the 3Ts Project comprising 14 mineral claims covering approximately 4,934 hectares located in the Nechako Plateau region of central British Columbia.

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