Gestion Bouca Inc Buys 370,000 Shares of Independence Gold (CVE:IGO) Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 370,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were bought at an average cost of C$0.11 per share, with a total value of C$40,700.00. Following the completion of the purchase, the insider directly owned 5,581,000 shares of the company’s stock, valued at C$613,910. This represents a 7.10% increase in their position.

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

• On Tuesday, July 7th, Gestion Bouca Inc purchased 1,670,080 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$200,409.60.
• On Friday, June 26th, Gestion Bouca Inc acquired 959,500 shares of Independence Gold stock. The shares were bought at an average cost of C$0.10 per share, with a total value of C$95,950.00.
• On Saturday, June 27th, Gestion Bouca Inc acquired 1,780,000 shares of Independence Gold stock. The shares were purchased 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 purchased at an average price 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 stock was purchased at an average cost 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 purchased at an average price 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 shares were purchased at an average cost of C$0.11 per share, with a total value of C$37,510.00.

Independence Gold Stock Performance

CVE IGO opened at C$0.11 on Friday. The stock has a market capitalization of C$29.03 million, a PE ratio of -3.67 and a beta of 0.29. The business has a 50 day simple moving average of C$0.10 and a two-hundred day simple moving average 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 1-year low of C$0.08 and a 1-year 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.