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IGO Stock Chart & Stats
C$0.11
>-C$0.01(-2.44%)
At close: 4:00 PM EST
C$0.11
>-C$0.01(-2.44%)
Day’s Range― - ―
52-Week RangeC$0.08 - C$0.21
Previous CloseN/A
Volume48.21K
Average Volume (3M)922.17K
Market Cap
C$26.39M
Enterprise ValueC$16.12M
Total Cash (Recent Filing)C$6.46M
Total Debt (Recent Filing)C$110.26K
Price to Earnings (P/E)―
Beta2.01
Next Earnings
Aug 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding263,947,850
10 Day Avg. Volume1,159,303
30 Day Avg. Volume922,172
Financial Highlights & Ratios
PEG Ratio1.20
Price to Book (P/B)2.37
Price to Sales (P/S)0.00
P/FCF Ratio-3.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageThe company’s very low debt-to-equity (~1% in 2025 and TTM) materially reduces bankruptcy and interest-rate risk for an exploration firm. This preserves optionality to continue drilling programs or structure JV deals without heavy fixed-charge burdens that can cripple cash-poor explorers.
Clear Monetization PathwaysIndependence Gold has durable, structural pathways to realize project value—equity raises, asset sales, earn-in JV agreements or royalties. These established exit/monetization mechanisms provide repeatable options to fund exploration and crystallize value beyond relying solely on becoming a producer.
Exploration-focused Project PipelineA disciplined exploration model focused on geological study and drilling targets resource definition, which creates scalable optionality: defined resources support JV interest, asset sales, or royalty retention. This project-centric approach is a long-term value driver if drilling success materializes.
Bears Say
Persistent Cash BurnConsistent negative operating and free cash flow signals ongoing financing dependence; sustained cash burn limits the company’s ability to expand programs or react to opportunities without raising capital. Over months, this elevates dilution and execution risk for exploration campaigns.
Pre-revenue Business ModelWith no recurring revenue, project value and corporate survival hinge on exploration outcomes and financing access. This structural absence of operating cash inflows means long-term viability depends on successful resource definition or monetization, increasing binary outcome risk.
Eroding Equity And Negative ReturnsDeclining shareholder equity and persistently negative returns on equity reflect value erosion from recurring losses. Over 2–6 months this trend signals potential dilution or asset write-downs ahead, weakening the balance sheet and reducing flexibility for funding exploration or attracting partners.
Independence Gold News
IGO FAQ
What was Independence Gold Corp’s price range in the past 12 months?
Independence Gold Corp lowest stock price was C$0.08 and its highest was C$0.21 in the past 12 months.
What is Independence Gold Corp’s market cap?
Independence Gold Corp’s market cap is C$26.39M.
When is Independence Gold Corp’s upcoming earnings report date?
Independence Gold Corp’s upcoming earnings report date is Aug 14, 2026 which is in 44 days.
How were Independence Gold Corp’s earnings last quarter?
Currently, no data Available
Is Independence Gold Corp overvalued?
According to Wall Street analysts Independence Gold Corp’s price is currently Overvalued.
Does Independence Gold Corp pay dividends?
Independence Gold Corp does not currently pay dividends.
What is Independence Gold Corp’s EPS estimate?
Independence Gold Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Independence Gold Corp have?
Independence Gold Corp has 263,947,850 shares outstanding.
What happened to Independence Gold Corp’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Independence Gold Corp?
Currently, no hedge funds are holding shares in TSE:IGO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Independence Gold Corp
Independence Gold Corp., established in Vancouver, Canada, in 2011, specializes in the acquisition, exploration, and assessment of sites prospective for gold and silver deposits across North America. The company wholly owns several significant properties, including the 3Ts project, which encompasses 15 mineral claims spanning approximately 5,200 hectares within British Columbia's central Nechako Plateau. It also holds full ownership of the Moosehorn property, consisting of 82 quartz mining claims covering about 1,720 hectares in the Yukon's Whitehorse mining district. Additionally, Independence Gold Corp. maintains ownership stakes in the Boulevard project, an extensive property featuring roughly 958 quartz mining claims across approximately 19,960 hectares, also situated in the Whitehorse mining district, Yukon. Furthermore, the company possesses an option to acquire a 60% stake in two British Columbia properties located in the Spences Bridge Gold Belt: the Merit property, comprising four mineral claims over approximately 1,907 hectares, and the Nicoamen property, which includes nine mineral claims totaling about 3,332 hectares.
Technical Analysis
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Options Prices
Currently, No data available
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