Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Buys 1,780,000 Shares

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 1,780,000 shares of Independence Gold stock in a transaction dated Saturday, June 27th. The stock was purchased at an average price of C$0.10 per share, for a total transaction of C$178,000.00. Following the purchase, the insider directly owned 31,771,000 shares in the company, valued at C$3,177,100. This represents a 5.94% increase in their position.

Gestion Bouca Inc also recently made the following trade(s):

• On Friday, June 26th, Gestion Bouca Inc bought 959,500 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.10 per share, for a total transaction of C$95,950.00.
• On Tuesday, June 16th, Gestion Bouca Inc bought 478,000 shares of Independence Gold stock. The shares were purchased at an average price of C$0.10 per share, with a total value of C$47,800.00.
• On Tuesday, June 9th, Gestion Bouca Inc bought 217,000 shares of Independence Gold stock. The shares were purchased at an average price of C$0.09 per share, with a total value of C$19,530.00.
• On Wednesday, June 3rd, Gestion Bouca Inc purchased 290,000 shares of Independence Gold stock. The shares were purchased at an average cost of C$0.10 per share, with a total value of C$29,000.00.
• On Tuesday, May 12th, Gestion Bouca Inc purchased 341,000 shares of Independence Gold stock. The stock was purchased at an average price of C$0.11 per share, for a total transaction of C$37,510.00.

Independence Gold Price Performance

Shares of Independence Gold stock opened at C$0.10 on Wednesday. The company has a current ratio of 4.62, a quick ratio of 0.38 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of C$26.39 million, a price-to-earnings ratio of -3.33 and a beta of 0.33. Independence Gold Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.21. The firm’s 50-day moving average price is C$0.10 and its two-hundred day moving average price is C$0.10.

Independence Gold Company Profile

Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in Canada and North America. It explores for gold and silver deposits. The company holds 100% interest in the 3Ts Project comprising six claim groups and consist of seventy mineral claims covering an approximately 8,840 hectares located in the Nechako Plateau region of central British Columbia; and the Laidman Project comprising six mineral tenures covering an approximately 10,800 hectares located in the British Columbia.