Gestion Bouca Inc Purchases 478,000 Shares of Independence Gold (CVE:IGO) Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 478,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were acquired at an average cost of C$0.10 per share, with a total value of C$47,800.00. Following the completion of the acquisition, the insider directly owned 3,357,500 shares in the company, valued at C$335,750. The trade was a 16.60% increase in their ownership of the stock.

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

• On Tuesday, June 9th, Gestion Bouca Inc purchased 217,000 shares of Independence Gold stock. The shares were acquired 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 shares were 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, with a total value of C$37,510.00.

Independence Gold Price Performance

Shares of CVE:IGO opened at C$0.10 on Thursday. The company has a market capitalization of C$26.39 million, a PE ratio of -3.33 and a beta of 0.33. 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 twelve month low of C$0.08 and a twelve month high of C$0.21. The firm has a 50 day simple moving average of C$0.10 and a 200-day simple moving average of C$0.10.

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.