Independence Gold (CVE:IGO) Sets New 12-Month Low – Here’s What Happened

Independence Gold Corp. (CVE:IGOGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.18, with a volume of 709218 shares changing hands. The stock had previously closed at C$0.17.

Independence Gold Price Performance

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 has a debt-to-equity ratio of 6.41, a current ratio of 3.35 and a quick ratio of 0.38. The company has a 50 day moving average price of C$0.20 and a two-hundred day moving average price of C$0.22.

Independence Gold Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Independence Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Independence Gold and related companies with MarketBeat.com's FREE daily email newsletter.