Gestion Bouca Inc Acquires 370,000 Shares of Independence Gold (CVE:IGO) Stock

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

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

• On Tuesday, July 7th, Gestion Bouca Inc acquired 1,670,080 shares of Independence Gold stock. The shares were bought at an average price 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 stock was acquired at an average price of C$0.10 per share, for a total transaction of C$95,950.00.
• On Saturday, June 27th, Gestion Bouca Inc acquired 1,780,000 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.10 per share, for a total transaction of C$178,000.00.
• On Tuesday, June 16th, Gestion Bouca Inc bought 478,000 shares of Independence Gold stock. The stock was acquired 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 acquired at an average price of C$0.09 per share, for a total transaction of C$19,530.00.
• On Wednesday, June 3rd, Gestion Bouca Inc purchased 290,000 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.10 per share, for a total transaction of C$29,000.00.
• On Tuesday, May 12th, Gestion Bouca Inc acquired 341,000 shares of Independence Gold stock. The shares were acquired at an average price of C$0.11 per share, with a total value of C$37,510.00.

Independence Gold Stock Performance

Shares of Independence Gold stock remained flat at C$0.11 during trading hours on Wednesday. 201,859 shares of the stock were exchanged, compared to its average volume of 376,064. The firm has a market cap of C$29.03 million, a PE ratio of -3.67 and a beta of 0.29. The business’s fifty day moving average is C$0.10 and its 200 day moving average is C$0.10. The company has a current ratio of 4.62, a quick ratio of 0.38 and a debt-to-equity ratio of 1.13. Independence Gold Corp. has a one year low of C$0.08 and a one year high of C$0.21.

About Independence Gold

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.