IEGCF (Independence Gold) ROCE %: -54.46% (As of Mar. 2026)

What is Independence Gold ROCE %?

Independence Gold IEGCF +4.62% ROCE % is -54.46% as of Mar. 2026. The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Independence Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was -54.46%.

Independence Gold (OTCPK:IEGCF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Independence Gold ROCE % Related Terms

Independence Gold ROCE % Historical Data

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The historical data trend for Independence Gold's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Independence Gold ROCE % Chart

Independence Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-86.00

-33.76

-54.03

-50.47

-52.99

Independence Gold Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															-78.89	-67.47	-46.69	-39.91	-54.46

Independence Gold ROCE % Calculation

Independence Gold's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	-4.366	/	( ( (10.178 - 0.972)	+	(8.004 - 0.731) )	/ 2 )
	=	-4.366	/	( (9.206	+	7.273)	/ 2 )
	=	-4.366	/	8.2395
	=	-52.99 %

Independence Gold's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-3.916	/	( ( (8.004 - 0.731)	+	(8.15 - 1.042) )	/ 2 )
	=	-3.916	/	( ( 7.273	+	7.108 )	/ 2 )
	=	-3.916	/	7.1905
	=	-54.46 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -54.46% mean?

Independence Gold (IEGCF) has a ROCE % of -54.46% as of Mar. 2026.

Is Independence Gold's ROCE % too high?

Independence Gold's current ROCE % is -54.46%.

How does Independence Gold's ROCE % compare to NEM and AU?

Independence Gold's ROCE % of -54.46% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Metals & Mining company?

A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. Independence Gold's current ROCE % is -54.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Independence Gold stock overvalued right now?

Independence Gold (IEGCF) has a current ROCE % of -54.46%. The current ROCE % is -54.46%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Independence Gold (IEGCF), the current ROCE % is -54.46% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Independence Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:TWR TSXV:ALGR XCNQ:SXTY TSXV:DEX TSX:YRB TSXV:PTX TSXV:PUMA TSXV:CVB XCNQ:QIM TSXV:OZ SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges 625:Germany IGO:Canada

Address 625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6

Website https://www.ingold.ca

Independence Gold Corp is a mineral exploration company. Its holdings range from early-stage grassroots exploration to further resource expansion in British Columbia and Yukon. Its BC properties include 3Ts Project, Merit Property, Nicoamen Property, Anita Property, and Yukon properties include Boulevard Project, Moosehorn Project. It has one segment, which is the acquisition, exploration, and evaluation of mineral properties in North America.