Inca One Gold (CVE:IO) Shares Down 16.7%

Shares of Inca One Gold Corp (CVE:IO) fell 16.7% during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, 199,000 shares were traded during trading. An increase of 81% from the average session volume of 109,787 shares. The stock had previously closed at C$0.03.

The business’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.04. The company has a quick ratio of 0.43, a current ratio of 1.24 and a debt-to-equity ratio of 102.12. The company has a market cap of $6.41 million and a P/E ratio of -3.00.

About Inca One Gold (CVE:IO)

Inca One Gold Corp. operates as a Canadian-based mineral resource and mineral processing company with a gold milling facility in Peru. It develops and processes gold-bearing material from legal small-scale miners, and produces loaded carbon for smelting and recovery of gold and silver off-site. The company was formerly known as Inca One Resources Corp.

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