Independence Gold Corp. (CVE:IGO – Get Free Report)’s share price shot up 27.1% during mid-day trading on Friday . The company traded as high as C$0.18 and last traded at C$0.18. 2,572,208 shares traded hands during trading, an increase of 615% from the average session volume of 359,721 shares. The stock had previously closed at C$0.14.
Independence Gold Stock Up 25.0%
The company has a current ratio of 3.35, a quick ratio of 0.38 and a debt-to-equity ratio of 6.41. The stock’s 50-day moving average is C$0.14 and its 200-day moving average is C$0.15. 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.
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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