Independence Gold (CVE:IGO) Releases Earnings Results

Independence Gold (CVE:IGO) announced its quarterly earnings data on Wednesday. The company reported C($0.01) EPS for the quarter, reports.

Independence Gold Price Performance

Shares of IGO opened at C$0.22 on Friday. The firm has a market capitalization of C$35.55 million, a PE ratio of -10.75 and a beta of 1.51. The company has a debt-to-equity ratio of 8.68, a current ratio of 3.16 and a quick ratio of 0.38. The company’s fifty day moving average price is C$0.22 and its 200-day moving average price is C$0.21. Independence Gold has a 1-year low of C$0.11 and a 1-year high of C$0.34.

Insider Buying and Selling

In other news, Senior Officer Harry Chan sold 150,000 shares of the stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of C$0.25, for a total value of C$37,500.00. 13.52% of the stock is currently owned by company insiders.

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. It holds 100% interest in the 3Ts project comprising 15 mineral claims covering approximately 5,200 hectares located in the Nechako Plateau region of central British Columbia; and Boulevard project with approximately 958 quartz mining claims covering approximately 19,960 hectares situated in Whitehorse mining district, Yukon.