In terms of company value SLR has a slightly higher market cap. but the difference isn't that large. All in all the market cap of the two companies probably represents a fair (conservative) view of their respective values.
The share price differential is a factor of the market cap / shares on issue equation. There isn't too much that IGR can do about that at this stage except increase the value of the company by delivering more gold.
IGR Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held