Independence Gold Corp. (CVE:IGO – Get Free Report)’s stock price dropped 5.7% during trading on Friday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 133,392 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 200,312 shares. The stock had previously closed at C$0.18.
Independence Gold Stock Performance
The company has a debt-to-equity ratio of 6.41, a quick ratio of 0.38 and a current ratio of 3.35. The stock has a market cap of C$38.19 million, a PE ratio of -5.82 and a beta of 1.43. The company’s 50-day moving average price is C$0.20 and its two-hundred day moving average price is C$0.22.
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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