IEGCF
Independence Gold Corp.
Price Chart
Latest Quote
$0.07
-0.00 (-4.83%)
Current Price
| Previous Close | $0.07 |
| Open | $0.07 |
| Day High | $0.07 |
| Day Low | $0.07 |
| Volume | 20,000 |
Stock Information
Note: Financial values converted from CAD to USD
| Shares Outstanding | 263.95M |
| Total Debt | $77K |
| Cash Equivalents | $4.54M |
| Net Income | $-3.50M |
| Sector | Basic Materials |
| Industry | Gold |
| Market Cap | $17.16M |
| EPS (TTM) | $-0.02 |
| Exchange | OQB |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $10.81M |
| Income | $-3.50M |
| Book/sh | $0.03 |
| Cash/sh | $0.02 |
Financial Ratios
| Quick Ratio | 4.60 |
| Current Ratio | 4.62 |
| Debt/Eq | 1.13 |
Returns & Margins
| ROA | -26.43% |
| ROE | -48.12% |
Ownership
| Insider Ownership | 14.37% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/B | 2.29 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.07 |
| SMA50 | $0.07 |
| SMA200 | $0.08 |
| RSI | 38.38 |
| ATR | 0.0033 |
| Shares Float | 221.36M |
| Volatility | 0.31 |
| Rel Volume | 1.03 |
Performance History
| Week | -7.14% |
| Month | -12.22% |
| Quarter | +8.15% |
| 6 Months | -1.37% |
| YTD | -6.27% |
| Year | -38.56% |
| 3 Years | -32.01% |
| 5 Years | -44.46% |
| 10 Years | -70.61% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-24 | $0.06 | 59,990 |
| 2026-06-23 | $0.07 | 3,705 |
| 2026-06-22 | $0.07 | 5,000 |
| 2026-06-18 | $0.07 | 205,000 |
| 2026-06-17 | $0.07 | 40,000 |
| 2026-06-16 | $0.07 | 24,290 |
| 2026-06-15 | $0.07 | 87,000 |
| 2026-06-12 | $0.06 | 15,000 |
| 2026-06-11 | $0.06 | 25,295 |
| 2026-06-10 | $0.06 | 275 |
| 2026-06-09 | $0.07 | 0 |
| 2026-06-08 | $0.07 | 68,000 |
| 2026-06-05 | $0.07 | 283,990 |
| 2026-06-04 | $0.07 | 32,700 |
| 2026-06-03 | $0.07 | 2,000 |
| 2026-06-02 | $0.07 | 144,290 |
| 2026-06-01 | $0.08 | 8,479 |
| 2026-05-29 | $0.07 | 71,000 |
| 2026-05-28 | $0.08 | 3,100 |
| 2026-05-27 | $0.07 | 81,750 |
| 2026-05-26 | $0.07 | 28,390 |
About Independence Gold Corp.
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% interests in the 3Ts project comprising 34 claims and 8 properties covering an area of approximately 35,486 hectares located in the Nechako Plateau region of central British Columbia; TAY Property; and Boulevard project comprising 888 claims covering an area of approximately 17,500 hectares located in The White Gold Area, Dawson Range, Yukon. Independence Gold Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.
đ° Latest News
3 TSX Penny Stocks With Market Caps Larger Than CA$20M
Simply Wall St. âĸ 2025-12-23T19:05:27Z
Independence Gold Announces Proposed Non-Brokered Equity Financing of up to $5 Million
MT Newswires âĸ 2025-12-08T12:11:32ZIs Independence Gold (CVE:IGO) In A Good Position To Invest In Growth?
Simply Wall St. âĸ 2025-10-02T18:26:05Z
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $99,532 | $98,776 | $95,824 | $99,143 |
| Cost Of Revenue | $99,532 | $98,776 | $95,824 | $99,143 |
| Total Revenue | $0 | $0 | $0 | $0 |
| Operating Revenue | $0 | $0 | $0 | $0 |
| Expenses | ||||
| Interest Expense | $25,337 | $32,316 | $37,556 | $33,072 |
| Total Expenses | $5,647,952 | $3,860,099 | $2,278,256 | $2,752,180 |
| Other Income Expense | $123,821 | $83,099 | $33,807 | $-6,163,674 |
| Other Non Operating Income Expenses | $146,396 | $73,423 | $79,314 | $111,060 |
| Net Non Operating Interest Income Expense | $68,217 | $-29,700 | $-35,371 | $-30,200 |
| Interest Expense Non Operating | $25,337 | $32,316 | $37,556 | $33,072 |
| Operating Expense | $5,548,420 | $3,761,323 | $2,182,432 | $2,653,037 |
| Other Operating Expenses | $4,234,079 | $2,920,565 | $1,497,108 | $2,171,149 |
| General And Administrative Expense | $1,314,341 | $840,758 | $685,324 | $481,888 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Net Interest Income | $68,217 | $-29,700 | $-35,371 | $-30,200 |
| Interest Income | $93,554 | $2,616 | $2,185 | $2,872 |
| Normalized Income | $-5,433,339 | $-3,816,376 | $-2,234,313 | $-2,671,320 |
| Net Income From Continuing And Discontinued Operation | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Net Income Common Stockholders | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Net Income | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Net Income Including Noncontrolling Interests | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Net Income Continuous Operations | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Pretax Income | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Special Income Charges | $-25,450 | $0 | $0 | $-6,257,117 |
| Interest Income Non Operating | $93,554 | $2,616 | $2,185 | $2,872 |
| Operating Income | $-5,647,952 | $-3,860,099 | $-2,278,256 | $-2,752,180 |
| Gross Profit | $-99,532 | $-98,776 | $-95,824 | $-99,143 |
| Per Share | ||||
| Diluted EPS | $-0.03 | $-0.03 | $-0.02 | $-0.10 |
| Basic EPS | $-0.03 | $-0.03 | $-0.02 | $-0.10 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-5,308,470 | $-3,685,284 | $-2,100,933 | $-2,539,105 |
| Total Unusual Items | $-22,575 | $9,676 | $-45,507 | $-6,274,734 |
| Total Unusual Items Excluding Goodwill | $-22,575 | $9,676 | $-45,507 | $-6,274,734 |
| Reconciled Depreciation | $99,532 | $98,776 | $95,824 | $99,143 |
| EBITDA (Bullshit earnings) | $-5,331,045 | $-3,675,608 | $-2,146,440 | $-8,813,839 |
| EBIT | $-5,430,577 | $-3,774,384 | $-2,242,264 | $-8,912,982 |
| Diluted Average Shares | $176,327,464 | $138,707,626 | $104,439,355 | $88,634,648 |
| Basic Average Shares | $176,327,464 | $138,707,626 | $104,439,355 | $88,634,648 |
| Diluted NI Availto Com Stockholders | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Impairment Of Capital Assets | $25,450 | $0 | $0 | $6,308,117 |
| Gain On Sale Of Security | $2,875 | $9,676 | $-45,507 | $-17,617 |
| Selling General And Administration | $1,314,341 | $840,758 | $685,324 | $481,888 |
| Other Gand A | $194,733 | $203,520 | $99,096 | $153,773 |
| Insurance And Claims | $23,644 | $24,081 | $26,938 | $0 |
| Salaries And Wages | $1,095,964 | $613,157 | $559,290 | $328,115 |
| Gain On Sale Of Ppe | - | - | $0 | $51,000 |
Fetched: 2026-02-02
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $12,975,172 | $7,603,339 | $5,709,634 | $6,226,498 |
| Total Assets | $14,501,170 | $8,469,631 | $6,459,024 | $7,014,259 |
| Total Non Current Assets | $4,573,310 | $4,759,700 | $4,833,026 | $4,912,098 |
| Non Current Prepaid Assets | $39,278 | $39,278 | $39,278 | $39,278 |
| Current Assets | $9,927,860 | $3,709,931 | $1,625,998 | $2,102,161 |
| Prepaid Assets | $69,961 | $23,029 | $23,565 | $0 |
| Receivables | $104,514 | $76,009 | $20,013 | $75,326 |
| Other Receivables | $6,820 | $12,551 | $8,594 | $56,440 |
| Taxes Receivable | $97,694 | $63,458 | $11,419 | $18,886 |
| Cash Cash Equivalents And Short Term Investments | $9,753,385 | $3,610,893 | $1,582,420 | $2,026,835 |
| Cash And Cash Equivalents | $9,728,529 | $3,588,913 | $1,570,116 | $1,969,024 |
| Cash Financial | $9,728,529 | $3,588,913 | $1,570,116 | - |
| Debt | ||||
| Total Debt | $244,569 | $420,776 | $523,117 | $601,260 |
| Long Term Debt And Capital Lease Obligation | $140,973 | $310,142 | $420,777 | $509,834 |
| Current Debt And Capital Lease Obligation | $103,596 | $110,634 | $102,340 | $91,426 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,525,998 | $866,292 | $749,390 | $787,761 |
| Total Non Current Liabilities Net Minority Interest | $140,973 | $310,142 | $420,778 | $509,834 |
| Current Liabilities | $1,385,025 | $556,150 | $328,612 | $277,927 |
| Current Deferred Liabilities | $671,220 | $60,000 | $0 | $0 |
| Payables And Accrued Expenses | $610,209 | $385,516 | $226,273 | $186,501 |
| Payables | $447,157 | $243,938 | $96,695 | $47,253 |
| Accounts Payable | $447,157 | $243,938 | $96,695 | $47,253 |
| Other Non Current Liabilities | - | - | $1 | - |
| Other Current Liabilities | - | - | $-1 | - |
| Equity | ||||
| Common Stock Equity | $12,975,172 | $7,603,339 | $5,709,634 | $6,226,498 |
| Total Equity Gross Minority Interest | $12,975,172 | $7,603,339 | $5,709,634 | $6,226,498 |
| Stockholders Equity | $12,975,172 | $7,603,339 | $5,709,634 | $6,226,498 |
| Gains Losses Not Affecting Retained Earnings | $2,210,629 | $1,618,778 | $1,027,840 | $1,223,518 |
| Retained Earnings | $-45,716,417 | $-40,368,714 | $-36,562,014 | $-34,623,326 |
| Other | ||||
| Ordinary Shares Number | $224,657,502 | $166,819,931 | $130,448,487 | $103,781,821 |
| Share Issued | $224,657,502 | $166,819,931 | $130,448,487 | $103,781,821 |
| Tangible Book Value | $12,975,172 | $7,603,339 | $5,709,634 | $6,226,498 |
| Invested Capital | $12,975,172 | $7,603,339 | $5,709,634 | $6,226,498 |
| Working Capital | $8,542,835 | $3,153,781 | $1,297,386 | $1,824,234 |
| Capital Lease Obligations | $244,569 | $420,776 | $523,117 | $601,260 |
| Total Capitalization | $12,975,172 | $7,603,339 | $5,709,634 | $6,226,498 |
| Capital Stock | $56,480,960 | $46,353,275 | $41,243,808 | $39,626,306 |
| Common Stock | $56,480,960 | $46,353,275 | $41,243,808 | $39,626,306 |
| Long Term Capital Lease Obligation | $140,973 | $310,142 | $420,777 | $509,834 |
| Current Capital Lease Obligation | $103,596 | $110,634 | $102,340 | $91,426 |
| Current Accrued Expenses | $163,052 | $141,578 | $129,578 | $139,248 |
| Net PPE | $4,534,032 | $4,720,422 | $4,793,748 | $4,872,820 |
| Accumulated Depreciation | $-667,682 | $-568,150 | $-469,374 | $-373,550 |
| Gross PPE | $5,201,714 | $5,288,572 | $5,263,122 | $5,246,370 |
| Construction In Progress | $115,468 | $115,468 | $115,468 | $112,000 |
| Other Properties | $5,086,246 | $5,173,104 | $5,147,654 | $5,134,370 |
| Other Short Term Investments | $24,856 | $21,980 | $12,304 | $57,811 |
| Leases | - | - | $0 | $0 |
Fetched: 2026-02-02
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-4,564,017 | $-3,390,278 | $-1,823,544 | $-2,568,126 |
| Operating Activities | ||||
| Operating Cash Flow | $-4,560,543 | $-3,364,828 | $-1,823,544 | $-2,568,126 |
| Cash Flow From Continuing Operating Activities | $-4,560,543 | $-3,364,828 | $-1,823,544 | $-2,568,127 |
| Operating Gains Losses | - | - | - | $-16,702 |
| Investing Activities | ||||
| Capital Expenditure | $-3,474 | $-25,450 | - | - |
| Investing Cash Flow | $-3,474 | $-25,450 | $-3,468 | $38,025 |
| Cash Flow From Continuing Investing Activities | $-3,474 | $-25,450 | $-3,468 | $38,025 |
| Net Other Investing Changes | - | - | $-3,468 | $-40,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $8,649,989 | $5,400,000 | $1,600,000 | $1,787,506 |
| Financing Cash Flow | $10,703,633 | $5,409,075 | $1,428,104 | $1,688,598 |
| Cash Flow From Continuing Financing Activities | $10,703,633 | $5,409,075 | $1,428,104 | $1,688,598 |
| Net Other Financing Charges | $-342,934 | $-255,618 | $-42,913 | $-92,667 |
| Net Common Stock Issuance | $8,649,989 | $5,400,000 | $1,600,000 | $1,787,506 |
| Common Stock Issuance | $8,649,989 | $5,400,000 | $1,600,000 | $1,787,506 |
| Other | ||||
| Repayment Of Debt | $-136,662 | $-134,657 | $-128,983 | $-97,206 |
| End Cash Position | $9,728,529 | $3,588,913 | $1,570,116 | $1,969,024 |
| Beginning Cash Position | $3,588,913 | $1,570,116 | $1,969,024 | $2,810,527 |
| Changes In Cash | $6,139,616 | $2,018,797 | $-398,908 | $-841,503 |
| Proceeds From Stock Option Exercised | $2,533,240 | $399,350 | $0 | $90,965 |
| Net Issuance Payments Of Debt | $-136,662 | $-134,657 | $-128,983 | $-97,206 |
| Net Long Term Debt Issuance | $-136,662 | $-134,657 | $-128,983 | $-97,206 |
| Long Term Debt Payments | $-136,662 | $-134,657 | $-128,983 | $-97,206 |
| Net PPE Purchase And Sale | $-3,474 | $-25,450 | $0 | - |
| Purchase Of PPE | $-3,474 | $-25,450 | $0 | - |
| Change In Working Capital | $149,256 | $103,783 | $71,520 | $-12,146 |
| Change In Payables And Accrued Expense | $224,694 | $159,243 | $39,772 | $-34,050 |
| Change In Prepaid Assets | $-46,932 | $536 | $-23,565 | $0 |
| Change In Receivables | $-28,506 | $-55,996 | $55,313 | $21,904 |
| Other Non Cash Items | $-63,440 | $32,316 | $37,556 | $-13,802 |
| Stock Based Compensation | $687,448 | $216,673 | $205,869 | $0 |
| Unrealized Gain Loss On Investment Securities | $-2,875 | $-9,676 | $45,507 | $13,318 |
| Asset Impairment Charge | $25,450 | $0 | $0 | $6,308,117 |
| Depreciation Amortization Depletion | $99,532 | $98,776 | $95,824 | $99,143 |
| Depreciation And Amortization | $99,532 | $98,776 | $95,824 | $99,143 |
| Depreciation | $99,532 | $98,776 | $95,824 | $99,143 |
| Net Income From Continuing Operations | $-5,455,914 | $-3,806,700 | $-2,279,820 | $-8,946,054 |
| Net Investment Purchase And Sale | - | - | $0 | $78,025 |
| Sale Of Investment | - | - | $0 | $78,025 |
| Gain Loss On Sale Of PPE | - | - | $0 | $-21,001 |
| Gain Loss On Investment Securities | - | - | - | $4,299 |
Fetched: 2026-02-02