OTC · Gold

Independence Gold Corp. (IEGCF) Stock

$0.09 -2.11% OTC: IEGCF Basic Materials

Independence Gold Corp., a company founded in 2011 and based in Vancouver, Canada, specializes in the identification, exploration, and assessment of precious metal mineral properties across North America. Its primary objective is the discovery of gold and silver deposits.

Valuation

MetricValue
Price$0.09
Market Cap$19.79M
P/E Ratio-5.84
P/B Ratio3.29
P/S Ratio0.00
EPS (TTM)$-0.03
52-Week High$0.14
52-Week Low$0.05
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-53.48%
ROA-44.55%
ROCE-54.36%
Gross Margin0.00%
Operating Margin0.00%
Net Margin0.00%
Debt/Equity0.01
Current Ratio4.62

Annual Financials (USD)

Metric20212022202320242025
Revenue$0$0$0$0$0
Operating Profit$-3.0M$-2.0M$-4.0M$-6.0M$-7.0M
Net Profit$-9.0M$-2.0M$-4.0M$-5.0M$-6.0M
EPS$-0.10$-0.02$-0.03$-0.03$-0.03
Op Margin

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$7.0M$6.0M$8.0M$15.0M$11.0M
Total Liabilities$1.0M$1.0M$1.0M$2.0M$1.0M
Cash$2.0M$2.0M$4.0M$10.0M$6.0M
Borrowings$1.0M$1.0M$0$0$0

Latest News

CEO.CA's Inside the Boardroom: Independence Gold Hits Three New Gold Discoveries With More Assays Pending TMX Newsfile · Aug 10, 2026 GoldInxs to Commence 3D Induced Polarization (IP) Survey at Fishpot Property GlobeNewswire · Aug 4, 2026 Independence Gold Finds New Dixie Vein Near Tommy Vein System in British Columbia MT Newswires · Jul 30, 2026 Independence Gold Discovers New Dixie Vein Returning 2.8 g/t Gold and 12.54 g/t Silver over 11.40 Metres at the 3Ts Project, BC TMX Newsfile · Jul 30, 2026 Independence Gold Discovers New High-Grade Goofy Vein Returning 14.70 g/t Gold over 9.10 Metres at the 3Ts Project, BC TMX Newsfile · Jul 22, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-3.0M$-2.0M$-3.0M$-5.0M$-6.0M
Investing Cash Flow$0$0$0$0$0
Financing Cash Flow$0$0$0$2.0M$0
Net Cash Flow$-1.0M$0$2.0M$6.0M$-3.0M
Free Cash Flow$-3.0M$-2.0M$-3.0M$-5.0M$-7.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.13
EV / EBITDA-4.44
FCF Yield-17.14%
Quick Ratio4.62
Interest Coverage-492.82
Return 1Y-20.42%
Return 3Y-25.00%
Return 5Y

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
AAPLApple Inc. $313.33 +0.29% 37.72 $4.60T 0.34%
MSFTMicrosoft Corporation $499.99 +0.03% 22.95 $3.71T 0.94%
GOOGLAlphabet Inc. $354.30 -0.96% 27.68 $4.29T 0.23%
AMZNAmazon.com, Inc. $274.48 +0.82% 28.76 $2.95T 0.00%
METAMeta Platforms, Inc. $592.10 +0.37% 21.47 $1.51T 0.35%

About Independence Gold Corp.

Independence Gold Corp., a company founded in 2011 and based in Vancouver, Canada, specializes in the identification, exploration, and assessment of precious metal mineral properties across North America. Its primary objective is the discovery of gold and silver deposits. The company's holdings include outright ownership of several significant projects: The 3Ts project, situated in the Nechako Plateau region of central British Columbia, encompasses 15 mineral claims covering approximately 5,200 hectares. The Moosehorn property, located within the Whitehorse mining district of Yukon, comprises 82 quartz mining claims spanning roughly 1,720 hectares. The extensive Boulevard project, also in the Whitehorse mining district of Yukon, features approximately 958 quartz mining claims spread over about 19,960 hectares. Additionally, Independence Gold holds an option to acquire a 60% interest in two properties within British Columbia's Spences Bridge Gold Belt: The Merit property, consisting of four mineral claims across an area of approximately 1,907 hectares. The Nicoamen property, made up of nine mineral claims extending over roughly 3,332 hectares.

Independence Gold Corp. is headquartered in CA.

Independence Gold Corp. (IEGCF) stock trades at $0.09 with a market capitalization of $19.79M. The stock is valued at a price-to-earnings (P/E) ratio of -5.84, price-to-book of 3.29, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.05 and $0.14, and currently trades 35.7% below its 52-week high.

On profitability, Independence Gold Corp. generates a return on equity (ROE) of -53.48%, return on capital employed of -54.36%, an operating margin of 0.00%, a net profit margin of 0.00%.

Official website: www.ingold.ca

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