Subscribe Now   -   Standard: only $199 per year   or   Premium: only $299 per year  -   Click Here

Independence Gold Corp

www: www.ingold.ca   email: info@ingold.ca
Category: Junior: Project Generator
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data
Calculated using the site's default values.  Re-calculate using:

Symbol Data

Symbol Currency
CVE:IGO CAD
OTCMKTS:IEGCF USD

Description

Independence Gold Corp are a gold focused junior, project generator with five exploration properties in Canada. They have approximately 0.7Moz. of gold in the reserves and resources category They have a market capitalisation of ~C$31.17M which is a fall of roughly 20% over the last six months. As of 12/20/2024 they have no debt and ~C$5.15M cash. They have 210M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 12/20/2024
Last
Analysis
Data
Current Data
Item Value Value Updated
MCap (FD): $38.93M $31.17M 12/20/2024
Total Assets: $7.64M $8.10M 12/20/2024
Total Liabilities: $0.47M $0.50M 12/20/2024
Current Assets: $4.86M $5.15M 12/20/2024
Current Liabilities: $0.17M $0.18M 12/20/2024
Total Debt: $0.00M $0.00M 12/20/2024
Cash: $4.86M $5.15M 12/20/2024
Enterprise Value: $34.07M $26.02M 10/28/1970
Cash Flow: $0.00M $0.00M never
Cash Flow Multiple: 0.00 0.00 never
Net Debt to
Cash Flow Ratio:		 n/a n/a never
Finance within 1 year: 12/20/2024
Misc 12/20/2024
Last
Analysis
Data
Current Data
Item Value Value Updated
Shares Outstanding: 210,000,000 210,000,000 12/20/2024
Shares (FD): 249,000,000 249,000,000 12/20/2024
Insider Ownership: n/a 20% 12/20/2024
Dividend (Annual): n/a n/a never
Company Type: Mostly Gold Mostly Gold never
Production ETA: n/a n/a 12/20/2024
Production (Gold Eq Oz.): (guess) 
0		 (guess) 
0		 12/20/2024
Production (Silver Eq Oz.): (guess) 
0		 (guess) 
0		 12/20/2024
Initial CapEx (Outstanding): n/a n/a 12/20/2024
Funding Option: n/a n/a 12/20/2024
Documentation: none none 12/20/2024
Future MCap Modifier: 0.02
PG/Explorer: Average Project
 0.02
PG/Explorer: Average Project
 04/24/2023
Cash Flow Multiplier: none none 12/20/2024

Resource Data

GOLD 12/20/2024
Last Analysis Data
Current Data
Item Value Value Updated
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 12/20/2024
Measured & Indicated: 0.00M 0.00M 12/20/2024
Inferred: 0.70M 0.70M 12/20/2024
Reserves & Resources: 0.70M 0.70M never
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 12/20/2024
Measured & Indicated: 0.00M 0.00M 12/20/2024
Inferred: 0.26M 0.26M 12/20/2024
Reserves & Resources: 0.26M 0.26M never
C
U
R
R
E
N
T		 Annual Production: n/a n/a
Cash Cost: $750 $750 12/20/2024
Extra Operating Cost: $350 $350 12/20/2024
Total: $1,100 $1,100 12/20/2024
Margin (Free Cash Flow): n/a
G
R
A
D
E		 Underground (Avg): 4.00 g/t 4.00 g/t 12/20/2024
Open Pit (Avg): n/a n/a 12/11/2023
Recovery Rate: (guess)  75.00% (guess)  75.00% 12/20/2024
F
U
T
U
R
E		 Proven & Probable: 1.50M 1.50M 12/20/2024
Annual Production: n/a n/a 12/20/2024
Cash Cost: n/a n/a 12/20/2024
Extra Operating Cost: n/a n/a 12/20/2024
SILVER 12/20/2024
Last Analysis Data
Current Data
Item Value Value Updated
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 12/20/2024
Measured & Indicated: n/a n/a 12/20/2024
Inferred: n/a n/a 12/20/2024
Reserves & Resources: n/a n/a never
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 12/20/2024
Measured & Indicated: n/a n/a 12/20/2024
Inferred: n/a n/a 12/20/2024
Reserves & Resources: n/a n/a never
C
U
R
R
E
N
T		 Annual Production: n/a n/a
Cash Cost: n/a n/a 12/20/2024
Extra Operating Cost: n/a n/a 12/20/2024
Total: n/a n/a 12/20/2024
Margin (Free Cash Flow): n/a
G
R
A
D
E		 Underground (Avg): n/a n/a 12/20/2024
Open Pit (Avg): n/a n/a 12/11/2023
Recovery Rate: n/a n/a 12/20/2024
F
U
T
U
R
E		 Proven & Probable: n/a n/a 12/20/2024
Annual Production: n/a n/a 12/20/2024
Cash Cost: n/a n/a 12/20/2024
Extra Operating Cost: n/a n/a 12/20/2024

Property

Last Analysis Data  (12/20/2024)
Stage Name Owned Au Ag Cu Notes
Exp 3Ts 100% show
This their most advanced project with 500,000 of gold equivalent (including silver).

Good grades.

10 million oz of silver for offsets.
Exp Boulevard 100% show
Next to Coffee deposit
Exp Merit 60% n/a
Exp Moosehorn 100% show
Early exploration property in the Yukon.
Exp Nicoamen 60% n/a
Total Land Package Size (ha): 32,239  
Current Data
Stage Name Owned Au Ag Cu Notes
Exp 3Ts 100% show
This their most advanced project with 500,000 of gold equivalent (including silver).

Good grades.

10 million oz of silver for offsets.
Exp Boulevard 100% show
Next to Coffee deposit
Exp Merit 60% n/a
Exp Moosehorn 100% show
Early exploration property in the Yukon.
Exp Nicoamen 60% n/a
Total Land Package Size (ha): 32,239  

Profitability (by resource)

Proven &
Probable		 12/20/2024
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: n/a n/a n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): n/a n/a n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: n/a n/a n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): n/a n/a n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: n/a n/a n/a
Max Profit / Current MCap: n/a n/a n/a
Max Profit Per Share (Gold): n/a n/a n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: n/a n/a n/a
Total Free Profit Per Share: n/a n/a n/a
FD MCap / Gold Eq.: n/a n/a n/a
FD MCap / Silver Eq.: n/a n/a n/a
FD MCap / Per Metal
as % Spot Price:		 n/a n/a n/a
Measured &
Indicated		 12/20/2024
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: n/a n/a n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): n/a n/a n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: n/a n/a n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): n/a n/a n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: n/a n/a n/a
Max Profit / Current MCap: n/a n/a n/a
Max Profit Per Share (Gold): n/a n/a n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: n/a n/a n/a
Total Free Profit Per Share: n/a n/a n/a
FD MCap / Gold Eq.: n/a n/a n/a
FD MCap / Silver Eq.: n/a n/a n/a
FD MCap / Per Metal
as % Spot Price:		 n/a n/a n/a

Reserves &
Resources		 12/20/2024
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 0.70M 0.70M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.26M 0.26M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $399.11M $602.10M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $399.11M $602.10M n/a
Max Profit / Current MCap: 10.251 19.316 n/a
Max Profit Per Share (Gold): $1.60 $2.42 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $1.60 $2.42 n/a
Total Free Profit Per Share: $1.38 $2.25 n/a
FD MCap / Gold Eq.: $148.31 $118.74 n/a
FD MCap / Silver Eq.: $1.67 $1.27 n/a
FD MCap / Per Metal
as % Spot Price:		 5.66% 3.50% n/a

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×