Independence Gold (CVE:IGO) Insider Buys C$14,520.00 in Stock

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

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

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

Independence Gold Stock Down 4.2%

CVE:IGO traded down C$0.01 on Monday, hitting C$0.12. 98,600 shares of the company’s stock were exchanged, compared to its average volume of 375,097. The firm has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.10. The company has a debt-to-equity ratio of 1.13, a current ratio of 4.62 and a quick ratio of 0.38. Independence Gold Corp. has a 52 week low of C$0.08 and a 52 week high of C$0.21. The company has a market cap of C$30.35 million, a P/E ratio of -3.83 and a beta of 0.29.

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.