Independence Gold (CVE:IGO) Insider Acquires 121,000 Shares of Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 121,000 shares of the business’s stock in a transaction on Friday, July 24th. The stock was purchased at an average price of C$0.12 per share, with a total value of C$14,520.00. Following the purchase, the insider owned 35,666,716 shares of the company’s stock, valued at approximately C$4,280,005.92. The trade was a 0.34% increase in their ownership of the stock.

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

• On Wednesday, July 22nd, Gestion Bouca Inc acquired 61,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.12 per share, with a total value of C$7,320.00.
• On Wednesday, July 22nd, Gestion Bouca Inc acquired 100,000 shares of Independence Gold stock. The shares were purchased at an average price of C$0.12 per share, for a total transaction of C$12,000.00.
• On Wednesday, July 22nd, Gestion Bouca Inc acquired 164,000 shares of Independence Gold stock. The shares were purchased at an average price of C$0.12 per share, for a total transaction of C$19,680.00.
• On Wednesday, July 15th, Gestion Bouca Inc bought 90,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.11 per share, for a total transaction of C$9,900.00.
• On Thursday, July 16th, Gestion Bouca Inc bought 453,636 shares of Independence Gold stock. The stock was purchased at an average price of C$0.12 per share, with a total value of C$54,436.32.
• On Thursday, July 9th, Gestion Bouca Inc bought 465,000 shares of Independence Gold stock. The shares were acquired at an average price of C$0.12 per share, with a total value of C$55,800.00.
• On Thursday, July 9th, Gestion Bouca Inc bought 8,000 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.12 per share, for a total transaction of C$960.00.
• On Friday, July 10th, Gestion Bouca Inc purchased 5,000 shares of Independence Gold stock. The stock was acquired at an average price of C$0.11 per share, for a total transaction of C$550.00.
• On Monday, July 6th, Gestion Bouca Inc purchased 370,000 shares of Independence Gold stock. The stock was acquired at an average price of C$0.11 per share, for a total transaction of C$40,700.00.
• On Tuesday, July 7th, Gestion Bouca Inc purchased 1,670,080 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.12 per share, with a total value of C$200,409.60.

Independence Gold Stock Performance

IGO stock traded down C$0.01 during midday trading on Monday, reaching C$0.12. 98,600 shares of the company were exchanged, compared to its average volume of 375,097. The company has a debt-to-equity ratio of 1.13, a current ratio of 4.62 and a quick ratio of 0.38. The business has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.10. Independence Gold Corp. has a one year low of C$0.08 and a one year high of C$0.21. The firm has a market capitalization of C$30.35 million, a price-to-earnings ratio of -3.83 and a beta of 0.29.

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.