Insider Buying: Independence Gold (CVE:IGO) Insider Purchases C$54,436.32 in Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 453,636 shares of the stock in a transaction dated Thursday, July 16th. The stock was purchased at an average cost of C$0.12 per share, for a total transaction of C$54,436.32. Following the acquisition, the insider owned 34,359,716 shares in the company, valued at C$4,123,165.92. The trade was a 1.34% increase in their position.

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

• On Wednesday, July 15th, Gestion Bouca Inc purchased 90,000 shares of Independence Gold stock. The shares were purchased at an average cost of C$0.11 per share, with a total value of C$9,900.00.
• On Thursday, July 9th, Gestion Bouca Inc purchased 465,000 shares of Independence Gold stock. The stock was purchased at an average price of C$0.12 per share, for a total transaction of C$55,800.00.
• On Thursday, July 9th, Gestion Bouca Inc purchased 8,000 shares of Independence Gold stock. The stock was purchased at an average price of C$0.12 per share, for a total transaction of C$960.00.
• On Friday, July 10th, Gestion Bouca Inc acquired 5,000 shares of Independence Gold stock. The shares were purchased at an average cost of C$0.11 per share, for a total transaction of C$550.00.
• On Monday, July 6th, Gestion Bouca Inc acquired 370,000 shares of Independence Gold stock. The shares were purchased at an average cost of C$0.11 per share, with a total value of C$40,700.00.
• On Tuesday, July 7th, Gestion Bouca Inc acquired 1,670,080 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$200,409.60.
• On Friday, June 26th, Gestion Bouca Inc bought 959,500 shares of Independence Gold stock. The stock was purchased at an average price of C$0.10 per share, with a total value of C$95,950.00.
• On Saturday, June 27th, Gestion Bouca Inc bought 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 purchased 478,000 shares of Independence Gold stock. The shares were acquired at an average price of C$0.10 per share, for a total transaction of C$47,800.00.
• 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.

Independence Gold Trading Up 5.0%

Shares of IGO opened at C$0.10 on Wednesday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.38 and a current ratio of 4.62. The company has a market cap of C$27.71 million, a price-to-earnings ratio of -3.50 and a beta of 0.29. The stock has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.10. Independence Gold Corp. has a 52-week low of C$0.08 and a 52-week 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.