Independence Gold Corp.

PNK:IEGCF

$0.15515 USD

$0.0 (-2.14%)

Volume
34K
Average Volume
197.1K
Market Capitalization
$32.48M
P/E Ratio
-7.85
Dividend Yield
0.00%
Price Target
$
Year High
$0.23
Year Low
$0.11
Payout Ratio
$0.00
Current Ratio
$3.14

Industry, Sector & symbol

Stock Exchange Other OTC
CEO Mr. Randy Christopher Turner B.Sc., P.Geo.
Industry Gold
Sector Basic Materials
Current Symbol IEGCF
CUSIP None
CIK None
Web https://www.ingold.ca
Phone 604 687 3959
Currency USD
Employees None
Country CA

Liquidity

Debt-to-Equity Ratio 0.00
Payout Ratio 0.00
Current Ratio 3.14
Quick Ratio 3.14
Cash Ratio 2.82

Sales & Book Value

Annual Sales $-
Price / Sales 0.00
Cash Flow -0.03
Price / Cash Flow -10.78
Price / Book 6.49

Price Target and Rating

Average Stock Price Forecast $
High Stock Price Forecast $
Low Stock Price Forecast $
Forecast Upside/Downside %
Consensus Rating Strong Sell
Rating Score(0-5) 1
Research Coverage 0 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-0.0274
Trailing P/E Ratio -7.85
PEG Ratio 0.25
P/E Growth 0.25
Net Income $-3.81M
Net Margin 0.00%
Pretax Margin 0.00%
Return on Equity -71.96%
Return on Assets -72.60%

Financials Score

AltmanZ Score 13.50
Piotroski Score 2.00
Working Capital 1.08M
Total Assets 6.3M
Ebit -4.55M
Market Cap 32.48M
Total Liabilities 771.47K

Poll Results

About Independence Gold Corp. (PNK:IEGCF) Stock

Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. It explores for gold and silver deposits. The company 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 the Moosehorn property that consists of 82 quartz mining claims covering an area of approximately 1,720 hectares located in the Whitehorse mining district, Yukon. It also holds interests in the Boulevard project with approximately 958 quartz mining claims covering approximately 19,960 hectares situated in Whitehorse mining district, Yukon. In addition, the company has an option to acquire 60% interests in Merit property that consists of f ... our mineral claims covering an area of approximately 1,907 hectares located in the Spences Bridge Gold Belt, British Columbia; and Nicoamen property comprises of nine mineral claims covering approximately 3,332 hectares located in the Spences Bridge Gold Belt, British Columbia. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

Independence Gold Provides an Update on Discovery of New Veins at the 3Ts Project, BC

2024-11-26 08:00:00

Vancouver, British Columbia--(Newsfile Corp. - November 26, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company" or "Independence") is pleased to announce the discovery and results of several new veins from the summer/fall exploration program carried out at its 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and is comprised of seventeen mineral claims covering approximately 8,840 hectares in the Nechako Plateau region of central British Columbia.

Independence Gold Provides an Update on the Winter Drill Program at the 3Ts Project, BC

2024-11-19 08:00:00

Vancouver, British Columbia--(Newsfile Corp. - November 19, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company" or "Independence") is pleased to provide an update on the winter drilling program currently underway at its 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and is comprised of seventeen mineral claims covering approximately 8,840 hectares in the Nechako Plateau region of central British Columbia.

Independence Gold Commences Drill Program at 3Ts Project, BC

2024-11-04 08:00:00

Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company") is pleased to announce the commencement of a diamond drill program at its 100% owned 3Ts Project, located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and situated 16 km southwest of Artemis Gold Inc.'s Blackwater Project. The 3Ts Project is comprised of seventeen mineral claims covering approximately 8,840 hectares in the Nechako Plateau region of central British Columbia.

Independence Gold Announces Closing of $6,650,000 Non-brokered Private Placement

2024-10-24 08:00:00

Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company") is pleased to announce that it has closed the non-brokered private placement announced October 2, 2024 and increased on October 4, 2024 (the "Offering"). The Company issued 10,076,591 units (the "Units") at a price of $0.22 per Unit for proceeds of $2,216,850 (the "Unit Proceeds"), and 20,150,679 flow-through common shares ("FT Common Shares"), and together with the Units, the "Securities") at a price of $0.22 per FT Common Share for proceeds of $4,433,150 (together with the Unit Proceeds, the "Funds"), for total proceeds of $6,650,000 under the Offering.

Independence Gold Announces Increase to Private Placement Financing of up to $6.65M

2024-10-04 08:00:00

Vancouver, British Columbia--(Newsfile Corp. - October 4, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company") wishes to announce that it has increased the size of its previously announced private placement equity financing (the "Financing"), (see news releases dated October 2, 2024) to a maximum of $6.65 million dollars, due to high investor demand. Under the increased Financing terms, the Company is proposing to issue up to a maximum of 30,227,272 shares (on an undiluted basis, excluding any shares issuable on the exercise of warrants forming part of the Units) comprised of a combination of flow-through common shares (the "FT Shares") and units (each a "Unit").

Frequently Asked Questions

What is the current Independence Gold Corp. (IEGCF) stock price?

Independence Gold Corp.(PNK:IEGCF) stock price is $0.15515 in the last trading session. During the trading session, IEGCF stock reached the peak price of $0.234 while $0.1111 was the lowest point it dropped to. The percentage change in IEGCF stock occurred in the recent session was --2.14% while the dollar amount for the price change in IEGCF stock was -$-0.0.

IEGCF's industry and sector of operation?

The PNK listed IEGCF is part of Gold industry that operates in the broader Basic Materials sector.

Who are the executives of IEGCF?

Mr. Harry Chan CPA, CGA, CPA | Chief Financial Officer & Corporate Secretary
Mr. Randy Christopher Turner B.Sc., P.Geo. | President, Chief Executive Officer & Chairman
Mr. David James Pawliuk B.Sc., P.Geo | Advisor
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How many employees does IEGCF have?

Number of IEGCF employees currently stands at None. IEGCF operates from 625 Howe Street, Vancouver, BC V6C 2T6, CA.

Link for IEGCF official website?

Official Website of IEGCF is: https://www.ingold.ca

How do I contact IEGCF?

IEGCF could be contacted at phone #604 687 3959 and can also be accessed through its website. IEGCF operates from 625 Howe Street, Vancouver, BC V6C 2T6, CA.

How many shares of IEGCF are traded daily?

The average number of IEGCF shares traded daily for last 3 months was 197.1K.

What is the market cap of IEGCF currently?

The market value of IEGCF currently stands at $32.48M with its latest stock price at $0.15515