Independence Financial Statements From 2010 to 2025
| IGO Stock | CAD 0.20 0.02 11.11% |
Check Independence Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independence Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Independence financial statements analysis is a perfect complement when working with Independence Gold Valuation or Volatility modules.
Independence |
Independence Gold Corp Company Current Valuation Analysis
Independence Gold's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Independence Gold Current Valuation | 37.01 M |
Most of Independence Gold's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independence Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Independence Gold Corp has a Current Valuation of 37.01 M. This is 99.68% lower than that of the Metals & Mining sector and 99.06% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.78% higher than that of the company.
Independence Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Independence Gold's current stock value. Our valuation model uses many indicators to compare Independence Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Independence Gold competition to find correlations between indicators driving Independence Gold's intrinsic value. More Info.Independence Gold Corp is rated fifth overall in return on equity category among its peers. It also is rated fifth overall in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Independence Gold's earnings, one of the primary drivers of an investment's value.About Independence Gold Financial Statements
Independence Gold investors use historical fundamental indicators, such as Independence Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Independence Gold. Please read more on our technical analysis and fundamental analysis pages.
Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. INDEPENDENCE GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.
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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.