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

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

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

• On Saturday, June 27th, Gestion Bouca Inc acquired 1,780,000 shares of Independence Gold stock. The stock was acquired at an average price of C$0.10 per share, with a total value of C$178,000.00.
• On Tuesday, June 16th, Gestion Bouca Inc acquired 478,000 shares of Independence Gold stock. The shares were 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 bought 217,000 shares of Independence Gold stock. The shares were 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 bought 290,000 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$29,000.00.
• On Tuesday, May 12th, Gestion Bouca Inc purchased 341,000 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$37,510.00.

Independence Gold Price Performance

Shares of IGO opened at C$0.10 on Thursday. 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 company has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.10. The stock has a market cap of C$26.39 million, a price-to-earnings ratio of -3.33 and a beta of 0.33. Independence Gold Corp. has a 12 month low of C$0.08 and a 12 month 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.