Independence Gold Corp Stock Revenue
IGO Stock | CAD 0.22 0.00 0.00% |
Independence Gold Corp fundamentals help investors to digest information that contributes to Independence Gold's financial success or failures. It also enables traders to predict the movement of Independence Stock. The fundamental analysis module provides a way to measure Independence Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independence Gold stock.
Last Reported | Projected for Next Year |
Independence | Revenue |
Independence Gold Corp Company Revenue Analysis
Independence Gold's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Independence Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Independence Gold is extremely important. It helps to project a fair market value of Independence Stock properly, considering its historical fundamentals such as Revenue. Since Independence Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independence Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independence Gold's interrelated accounts and indicators.
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition |
Based on the latest financial disclosure, Independence Gold Corp reported 0.0 of revenue. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The revenue for all Canada stocks is 100.0% higher than that of the company.
Independence Gold Corp is currently under evaluation in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 0.0. Independence Gold adds roughly 0.0 in revenue claiming only tiny portion of all equities under Materials industry.Independence Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Independence Gold from analyzing Independence Gold's financial statements. These drivers represent accounts that assess Independence Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independence Gold's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 2.8M | 10.2M | 8.9M | 14.1M | 34.0M | 35.7M | |
Enterprise Value | 3.0M | 8.2M | 7.5M | 13.1M | 30.8M | 32.4M |
Independence Fundamentals
Return On Equity | -0.94 | ||||
Return On Asset | -0.48 | ||||
Current Valuation | 42.93 M | ||||
Shares Outstanding | 204.66 M | ||||
Shares Owned By Insiders | 10.41 % | ||||
Number Of Shares Shorted | 17.64 K | ||||
Price To Earning | (3.55) X | ||||
Price To Book | 7.96 X | ||||
Gross Profit | (1.28 K) | ||||
EBITDA | (3.76 M) | ||||
Net Income | (3.81 M) | ||||
Cash And Equivalents | 1.98 M | ||||
Cash Per Share | 0.04 X | ||||
Total Debt | 420.78 K | ||||
Debt To Equity | 7.90 % | ||||
Current Ratio | 6.60 X | ||||
Book Value Per Share | 0.03 X | ||||
Cash Flow From Operations | (3.36 M) | ||||
Short Ratio | 0.04 X | ||||
Earnings Per Share | (0.03) X | ||||
Beta | 1.37 | ||||
Market Capitalization | 42.98 M | ||||
Total Asset | 8.47 M | ||||
Retained Earnings | (40.37 M) | ||||
Working Capital | 3.15 M | ||||
Net Asset | 8.47 M |
About Independence Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Independence Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independence Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independence Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.