Want to see TSE:IGO full AI Analyst Report?
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$31.67M
Enterprise ValueC$16.12M
Total Cash (Recent Filing)C$6.46M
Total Debt (Recent Filing)C$110.26K
Price to Earnings (P/E)―
Beta2.06
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 Leverage / Strong Liquidity BufferA very low debt-to-equity ratio reduces fixed interest obligations and financial distress risk for an exploration company. This durable balance sheet feature preserves optionality to pursue drilling and JV discussions, and gives management flexibility to time financings without heavy leverage pressure.
Established Explorer Monetization PathwaysThe company’s business model relies on well-established explorer value pathways — earn-ins, JV/option deals, property sales and royalties — which are repeatable and reduce the need to build and operate mines. These multiple exit routes provide durable channels to convert exploration success into cash or partner-funded work.
Systematic Project AdvancementA clear focus on geological studies and drilling to define resources is a durable value-creation mechanism for explorers. Systematic resource definition improves asset credibility, de-risks projects for partners, and increases the likelihood of farm-out, JV or sale outcomes over the medium term.
Bears Say
Persistent Negative Free Cash FlowSustained and growing negative free cash flow indicates the company cannot self-fund exploration or overhead. This enduring cash burn forces continual external financing, raises dilution risk, and constrains the pace of project advancement if capital markets tighten or partner interest slows.
No Operating Revenue / UnprofitableOperating with no revenue is an intrinsic limitation for an explorer; profitability depends solely on capital raises or asset transactions. This structural lack of operating cash inflows lengthens time to self-sufficiency and amplifies sensitivity to financing cycles and exploration outcomes.
Eroding Equity BaseDeclining shareholders' equity reflects cumulative losses and possible dilution or asset drawdowns. Over time this erosion reduces balance sheet resilience, may increase the cost of future capital, and weakens negotiating leverage with potential JV partners or acquirers.
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$31.67M.
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 19 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
Independence Gold Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-43.18%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-9.05%
Trailing 12-Months
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
Irving Resources
―
Rackla Metals
―
Radius Gold
―
Sarama Resources
―
New Break Resources Ltd.
―