Independence Gold Company Insiders
| IGO Stock | CAD 0.22 0.00 0.00% |
Recap of Independence Gold's management performance can provide insight into the venture performance.
Independence |
Independence Gold Management Team Effectiveness
The company has return on total asset (ROA) of (0.4789) % which means that it has lost $0.4789 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.941) %, meaning that it generated substantial loss on money invested by shareholders. Independence Gold's management efficiency ratios could be used to measure how well Independence Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.47 in 2024. Return On Capital Employed is likely to climb to -0.46 in 2024. At this time, Independence Gold's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 8.6 M in 2024, whereas Other Assets are likely to drop slightly above 152.9 K in 2024.Common Stock Shares Outstanding is likely to climb to about 145.6 M in 2024, whereas Net Loss is likely to drop (2.2 M) in 2024.
Independence Gold Workforce Comparison
Independence Gold Corp is currently under evaluation in number of employees category among its peers. The total workforce of Materials industry is currently estimated at about 0.0. Independence Gold adds roughly 0.0 in number of employees claiming only tiny portion of all equities under Materials industry.
Independence Gold Corp Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Independence Gold Corp Price Series Summation is a cross summation of Independence Gold price series and its benchmark/peer.
Independence Gold Stakeholder
About Independence Gold Management Performance
The success or failure of an entity such as Independence Gold Corp often depends on how effective the management is. Independence Gold management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Independence management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Independence management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.45) | (0.47) | |
| Return On Capital Employed | (0.49) | (0.46) | |
| Return On Assets | (0.45) | (0.47) | |
| Return On Equity | (0.50) | (0.53) |
Please note, the imprecision that can be found in Independence Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Independence Gold Corp. Check Independence Gold's Beneish M Score to see the likelihood of Independence Gold's management manipulating its earnings.
Independence Gold Workforce Analysis
Traditionally, organizations such as Independence Gold use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Independence Gold within its industry.Independence Gold Manpower Efficiency
Return on Independence Gold Manpower
| Revenue Per Employee | 0.0 | |
| Net Loss Per Employee | 3.8M | |
| Working Capital Per Employee | 3.2M |
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.