Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Buys 221,000 Shares

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 221,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was bought at an average cost of C$0.13 per share, for a total transaction of C$28,730.00. Following the completion of the transaction, the insider owned 37,114,184 shares in the company, valued at approximately C$4,824,843.92. This represents a 0.60% increase in their ownership of the stock.

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

• On Tuesday, August 11th, Gestion Bouca Inc purchased 700,088 shares of Independence Gold stock. The stock was bought at an average price of C$0.12 per share, for a total transaction of C$84,010.56.
• On Tuesday, August 11th, Gestion Bouca Inc acquired 141,880 shares of Independence Gold stock. The shares were bought at an average cost of C$0.13 per share, with a total value of C$18,444.40.
• On Friday, July 24th, Gestion Bouca Inc acquired 121,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.12 per share, with a total value of C$14,520.00.
• On Wednesday, July 22nd, Gestion Bouca Inc bought 61,000 shares of Independence Gold stock. The stock was bought at an average cost of C$0.12 per share, for a total transaction of C$7,320.00.
• On Wednesday, July 22nd, Gestion Bouca Inc bought 100,000 shares of Independence Gold stock. The stock was bought at an average cost of C$0.12 per share, for a total transaction of C$12,000.00.
• On Wednesday, July 22nd, Gestion Bouca Inc purchased 164,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.12 per share, with a total value of C$19,680.00.
• On Wednesday, July 15th, Gestion Bouca Inc purchased 90,000 shares of Independence Gold stock. The stock was bought at an average cost of C$0.11 per share, with a total value of C$9,900.00.
• On Thursday, July 16th, Gestion Bouca Inc purchased 453,636 shares of Independence Gold stock. The stock was bought at an average cost of C$0.12 per share, with a total value of C$54,436.32.
• 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.

Independence Gold Stock Performance

Shares of IGO stock opened at C$0.13 on Friday. The company has a market capitalization of C$34.31 million, a price-to-earnings ratio of -4.33 and a beta of 0.29. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.38 and a current ratio of 4.62. Independence Gold Corp. has a one year low of C$0.08 and a one year high of C$0.21. The company’s 50-day moving average is C$0.11 and its 200 day moving average is 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.