Independence Gold Corp. (CVE:IGO – Get Free Report) traded up 21.4% during mid-day trading on Friday . The company traded as high as C$0.17 and last traded at C$0.17. 1,712,299 shares were traded during trading, an increase of 386% from the average session volume of 352,470 shares. The stock had previously closed at C$0.14.
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 company has a market cap of C$39.32 million, a price-to-earnings ratio of -5.83 and a beta of -1.47. The stock’s fifty day simple moving average is C$0.14 and its two-hundred day simple moving average is C$0.15.
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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