Shares of Independence Gold Corp. (CVE:IGO – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16, with a volume of 297361 shares trading hands. The stock had previously closed at C$0.16.
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 capitalization of C$35.95 million, a P/E ratio of -5.48 and a beta of 1.43. The company has a 50-day simple moving average of C$0.20 and a 200 day simple moving average of C$0.22.
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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