Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Buys 370,000 Shares

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 370,000 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was acquired at an average price of C$0.11 per share, for a total transaction of C$40,700.00. Following the transaction, the insider owned 5,581,000 shares of the company’s stock, valued at approximately C$613,910. The trade was a 7.10% increase in their ownership of the stock.

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

• On Tuesday, July 7th, Gestion Bouca Inc purchased 1,670,080 shares of Independence Gold stock. The shares were bought at an average cost of C$0.12 per share, for a total transaction of C$200,409.60.
• On Friday, June 26th, Gestion Bouca Inc acquired 959,500 shares of Independence Gold stock. The shares were bought at an average price of C$0.10 per share, with a total value of C$95,950.00.
• On Saturday, June 27th, Gestion Bouca Inc acquired 1,780,000 shares of Independence Gold stock. The stock was bought at an average cost of C$0.10 per share, with a total value of C$178,000.00.
• On Tuesday, June 16th, Gestion Bouca Inc bought 478,000 shares of Independence Gold stock. The shares were bought at an average cost of C$0.10 per share, for a total transaction of C$47,800.00.
• On Tuesday, June 9th, Gestion Bouca Inc purchased 217,000 shares of Independence Gold stock. The shares were bought 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 stock was purchased at an average price 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, with a total value of C$37,510.00.

Independence Gold Stock Performance

CVE IGO opened at C$0.11 on Thursday. The company has a market cap of C$29.03 million, a price-to-earnings ratio of -3.67 and a beta of 0.29. Independence Gold Corp. has a twelve month low of C$0.08 and a twelve month high of C$0.21. The company has a quick ratio of 0.38, a current ratio of 4.62 and a debt-to-equity ratio of 1.13. The business’s fifty day moving average is C$0.10 and its 200 day moving average 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.