Independence Gold (CVE:IGO) Shares Down 2.4% – Time to Sell?

Independence Gold Corp. (CVE:IGOGet Free Report) shares fell 2.4% during trading on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. 139,959 shares traded hands during mid-day trading, an increase of 24% from the average session volume of 112,651 shares. The stock had previously closed at C$0.21.

Independence Gold Stock Performance

The company has a market capitalization of C$44.93 million, a PE ratio of -6.85 and a beta of 1.43. 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 50 day moving average price of C$0.21 and a 200 day moving average price of C$0.22.

About Independence Gold

(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.

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