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Home CompaniesIndependence Gold Corp

Independence Gold Corp

Basic Materials Gold
PortfolioPortfolio WatchlistWatchlist
Company price
0.12 CAD 0.00(0%)
Last update at 2026-11-04T16:09:00Z
VOLUME
177350
Market Cap
25.08M

Momentum Score

…

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 eight contiguous claim groups that consist of thirty-one mineral claims covering an area of approximately 35,486 hectares located in the Nechako Plateau region of central British Columbia; and Boulevard project comprising four contiguous properties, which includes 958 quartz mining claims covering an area of approximately 19,960 hectares located in the Whitehorse Mining district, Yukon. It also holds interest in Moosehorn project that consist of 82 claims covering an area of approximately 1,720 hectares located in the White Gold district, Yukon. Independence Gold Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.12
Low
0.12
High
52 Week Price Range
0.08
Low
0.21
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Independence Gold Corp is a Canada-listed exploration company focused on discovering and advancing gold mineralization in Nevada, USA. Its long-term growth drivers include successful exploration and resource definition, exposure to sustained gold prices that may benefit project economics, and the potential to add value through staged drilling results. Investors may find the company attractive for its leverage to new discoveries at an early stage and the upside that positive exploration outcomes could support.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.12
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.00M
Debt / Equity
0.06
ROE
-102.24%
Net Debt
-3.17M
ROCE
-68.91%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -6.04M -5.46M -3.81M -2.28M -8.95M
Net income -6.04M -5.46M -3.81M -2.28M -8.95M
Selling general administrative 1.11M 1.31M 0.84M 0.77M 0.60M
Gross profit -0.08M -0.10M -0.10M -0.10M -0.10M
Reconciled depreciation 0.08M 0.10M 0.10M 0.10M 0.10M
Ebit - - -3.86M -2.20M -2.64M
Ebitda - - -3.76M -2.10M -2.54M
Depreciation and amortization - - 0.10M 0.10M 0.10M
Operating income -6.91M -5.65M -3.86M -2.20M -2.64M
Other operating expenses - - 3.86M 2.28M 2.75M
Interest expense 0.01M 0.03M 0.03M 0.04M 0.03M
Interest income 0.16M 0.09M 0.00M 0.00M 0.00M
Net interest income 0.15M 0.07M -0.03M -0.04M -0.03M
Income tax expense - - 0.00M 0.12M 0.14M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 6.91M 5.65M 3.76M 2.18M 2.65M
Cost of revenue 0.08M 0.10M 0.10M 0.10M 0.10M
Total other income expense net 0.73M 0.12M 0.05M 0.03M -6.16M
Net income from continuing ops -6.04M -5.46M -3.81M -2.28M -8.95M
Net income applicable to common shares - - - -2.28M -8.95M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 11.04M 14.50M 8.47M 6.46M 7.01M
Other current assets - - 0.02M - -
Total liab 1.04M 1.53M 0.87M 0.75M 0.79M
Total stockholder equity 10.00M 12.98M 7.60M 5.71M 6.23M
Other current liab - - 0.45M -0.00M -
Common stock - - 46.35M 41.24M 39.63M
Capital stock 59.07M 56.48M 46.35M 41.24M 39.63M
Retained earnings -51.10M -45.72M -40.37M -36.56M -34.62M
Other liab - - - 0.00M -
Other assets - - - 0.15M 0.15M
Cash 6.39M 9.73M 3.59M 1.57M 1.97M
Total current liabilities 1.01M 1.39M 0.56M 0.33M 0.28M
Current deferred revenue - - -0.24M - -
Net debt - - -3.17M - -
Short term debt - - 0.11M - -
Short long term debt total - - 0.42M - -
Other stockholder equity - - - 1.03M 1.22M
Property plant equipment - - - 4.68M 4.76M
Total current assets 6.49M 9.93M 3.71M 1.63M 2.10M
Net tangible assets - - - 5.71M 6.23M
Short term investments 0.00M 0.02M 0.02M 0.01M 0.06M
Net receivables - - 0.08M 0.02M 0.08M
Accounts payable 0.15M 0.45M 0.24M 0.23M 0.19M
Accumulated other comprehensive income - - 1.62M - -
Non currrent assets other - - 0.15M - -
Non current assets total 4.55M 4.57M 4.76M 4.83M 4.91M
Capital lease obligations 0.14M 0.24M 0.42M 0.52M 0.60M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 0.03M -0.00M -0.03M -0.00M 0.08M
Change to liabilities - - - 0.04M -0.03M
Total cashflows from investing activities - - - -0.00M 0.04M
Net borrowings -0.12M -0.14M - -0.13M -0.10M
Total cash from financing activities 3.14M 10.70M 5.41M 1.43M 1.69M
Change to operating activities - - - -0.02M -0.02M
Net income -6.04M -5.46M -3.81M -2.28M -8.95M
Change in cash -3.34M 6.14M 2.02M -0.40M -0.84M
Begin period cash flow 9.73M 3.59M 1.57M 1.97M 2.81M
End period cash flow 6.39M 9.73M 3.59M 1.57M 1.97M
Total cash from operating activities -6.45M -4.56M -3.36M -1.82M -2.57M
Issuance of capital stock 3.50M 8.65M 5.40M 1.60M 1.79M
Depreciation 0.08M 0.10M 0.10M 0.10M 0.10M
Other cashflows from investing activities - - - - -0.04M
Change to account receivables - - -0.06M 0.06M 0.02M
Other cashflows from financing activities - - -0.26M -0.04M -0.00M
Change to netincome - - - 0.29M -0.02M
Capital expenditures 0.06M 0.00M 0.03M 0.00M 0.00M
Change in working capital -0.20M 0.15M 0.10M 0.07M -0.01M
Stock based compensation 0.38M 0.69M 0.22M 0.21M 0.21M
Other non cash items -0.67M -0.06M 0.49M 0.04M 6.29M
Free cash flow -6.50M -4.56M -3.39M -1.82M -2.57M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
IGO
Independence Gold Corp		 -
-%		 0.12 - - - 2.51 -14.90
OMG
Omai Gold Mines Corp		 0.18
12.08%		 1.67 - - - 62.63 -4.09
ASE
Asante Gold Corporation		 0.07
12.07%		 0.65 - 6.57 2.23 269.42 49.52
THX
Thor Explorations Ltd.		 0.06
6.98%		 0.92 3.41 2.77 2.87 1.88 2.44
MKO
Mako Mining Corp		 0.80
7.86%		 10.98 18.47 2.34 6.21 4.73 10.00

Profile*

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 eight contiguous claim groups that consist of thirty-one mineral claims covering an area of approximately 35,486 hectares located in the Nechako Plateau region of central British Columbia; and Boulevard project comprising four contiguous properties, which includes 958 quartz mining claims covering an area of approximately 19,960 hectares located in the Whitehorse Mining district, Yukon. It also holds interest in Moosehorn project that consist of 82 claims covering an area of approximately 1,720 hectares located in the White Gold district, Yukon. Independence Gold Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.

625 Howe Street, Vancouver, BC, Canada, V6C 2T6

604 687 3959

https://www.ingold.ca

Name Title Year Born
Mr. Randy Christopher Turner B.Sc., P.Geo. Pres, CEO & Chairman 1949
Mr. Harry Chan CPA, CGA, CPA CFO & Corp. Sec. NA
Mr. David James Pawliuk B.Sc., P.Geo Advisor NA
Mr. Randy Christopher Turner B.Sc., P.Geo. President, CEO & Chairman 1949
Mr. Harry Chan CPA, CGA, CPA CFO & Corporate Secretary NA
Mr. Harry Chan CPA, CGA CFO & Corporate Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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