Independence Gold Corp. (CVE:IGO – Get Free Report) shares fell 19% on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09. 1,807,154 shares were traded during trading, an increase of 314% from the average session volume of 436,030 shares. The stock had previously closed at C$0.11.
Independence Gold Price Performance
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 stock has a market capitalization of C$21.34 million, a price-to-earnings ratio of -3.17 and a beta of -1.36. The business’s 50 day simple moving average is C$0.14 and its 200-day simple moving average is C$0.14.
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.
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