Independence Gold Corp Stock Target Price
IGO Stock | CAD 0.22 0.01 4.76% |
Independence Gold Corp fundamentals help investors to digest information that contributes to Independence Gold's financial success or failures. It also enables traders to predict the movement of Independence Stock. The fundamental analysis module provides a way to measure Independence Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independence Gold stock.
Independence | Target Price |
Independence Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Independence Gold from analyzing Independence Gold's financial statements. These drivers represent accounts that assess Independence Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independence Gold's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 2.8M | 10.2M | 8.9M | 14.1M | 34.0M | 35.7M | |
Enterprise Value | 3.0M | 8.2M | 7.5M | 13.1M | 30.8M | 32.4M |
Independence Fundamentals
Return On Equity | -0.94 | ||||
Return On Asset | -0.48 | ||||
Current Valuation | 43.96 M | ||||
Shares Outstanding | 204.66 M | ||||
Shares Owned By Insiders | 10.41 % | ||||
Number Of Shares Shorted | 17.64 K | ||||
Price To Earning | (3.55) X | ||||
Price To Book | 8.14 X | ||||
Gross Profit | (1.28 K) | ||||
EBITDA | (3.76 M) | ||||
Net Income | (3.81 M) | ||||
Cash And Equivalents | 1.98 M | ||||
Cash Per Share | 0.04 X | ||||
Total Debt | 420.78 K | ||||
Debt To Equity | 7.90 % | ||||
Current Ratio | 6.60 X | ||||
Book Value Per Share | 0.03 X | ||||
Cash Flow From Operations | (3.36 M) | ||||
Short Ratio | 0.04 X | ||||
Earnings Per Share | (0.03) X | ||||
Beta | 1.37 | ||||
Market Capitalization | 42.98 M | ||||
Total Asset | 8.47 M | ||||
Retained Earnings | (40.37 M) | ||||
Working Capital | 3.15 M | ||||
Net Asset | 8.47 M |
About Independence Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Independence Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independence Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independence Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Independence Stock Analysis
When running Independence Gold's price analysis, check to measure Independence Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Gold is operating at the current time. Most of Independence Gold's value examination focuses on studying past and present price action to predict the probability of Independence Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Gold's price. Additionally, you may evaluate how the addition of Independence Gold to your portfolios can decrease your overall portfolio volatility.