Gestion Bouca Inc Purchases 959,500 Shares of Independence Gold (CVE:IGO) Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 959,500 shares of the stock in a transaction on Friday, June 26th. The shares were bought at an average cost of C$0.10 per share, for a total transaction of C$95,950.00. Following the purchase, the insider owned 4,317,000 shares in the company, valued at C$431,700. This trade represents a 28.58% increase in their position.

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

• On Saturday, June 27th, Gestion Bouca Inc purchased 1,780,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.10 per share, for a total transaction of C$178,000.00.
• On Tuesday, June 16th, Gestion Bouca Inc purchased 478,000 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$47,800.00.
• On Tuesday, June 9th, Gestion Bouca Inc purchased 217,000 shares of Independence Gold stock. The stock was bought at an average cost of C$0.09 per share, with a total value of C$19,530.00.
• On Wednesday, June 3rd, Gestion Bouca Inc acquired 290,000 shares of Independence Gold stock. The stock was bought 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 acquired 341,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.11 per share, for a total transaction of C$37,510.00.

Independence Gold Price Performance

IGO traded down C$0.01 during trading on Tuesday, reaching C$0.10. The stock had a trading volume of 65,750 shares, compared to its average volume of 365,007. The firm has a market capitalization of C$25.08 million, a price-to-earnings ratio of -3.17 and a beta of 0.33. The company has a quick ratio of 0.38, a current ratio of 4.62 and a debt-to-equity ratio of 1.13. Independence Gold Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.21. The stock has a 50 day moving average of C$0.10 and a two-hundred day moving average of 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.