After Today’s Huge Increase, Is Independence Gold Corp’s Near-Term Analysis Positive?


The stock of Independence Gold Corp (CVE:IGO) is a huge mover today! About 107,816 shares traded hands. Independence Gold Corp (CVE:IGO) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 6 months positive chart setup for the $17.48M company. It was reported on Sep, 13 by We have $0.56 PT which if reached, will make CVE:IGO worth $12.06 million more.

Independence Gold Corp. is an exploration-stage company. The company has a market cap of $17.48 million. The Firm operates through the segment, which is being the acquisition, exploration and evaluation of mineral properties in North America. It currently has negative earnings. It holds interests in an exploration project in central British Columbia and various projects in the Yukon Territory.

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