Inca One Gold (IO) Hits New 12-Month Low at $0.04

Inca One Gold Corp (CVE:IO) hit a new 52-week low on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 137000 shares changing hands. The stock had previously closed at C$0.05.

The company has a debt-to-equity ratio of 49.04, a quick ratio of 0.38 and a current ratio of 1.26.

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Inca One Gold Company Profile (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.

Further Reading: How accurate is the Rule of 72?

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