Independence Gold (CVE:IGO) Shares Up 18.8%

Independence Gold Corp. (CVE:IGO) shares were up 18.8% during mid-day trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 115,681 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 208,317 shares. The stock had previously closed at C$0.16.

Independence Gold Price Performance

The firm has a market capitalization of C$30.11 million, a P/E ratio of -6.00 and a beta of 1.54. The business’s fifty day moving average is C$0.21 and its 200 day moving average is C$0.21. The company has a current ratio of 6.67, a quick ratio of 0.38 and a debt-to-equity ratio of 5.53.

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.