Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Purchases 277,500 Shares

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 277,500 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was bought at an average price of C$0.21 per share, for a total transaction of C$58,275.00. Following the completion of the transaction, the insider directly owned 8,882,500 shares in the company, valued at approximately C$1,865,325. The trade was a 3.22% increase in their ownership of the stock.

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

• On Wednesday, September 9th, Gestion Bouca Inc acquired 70,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.20 per share, for a total transaction of C$14,000.00.
• On Thursday, September 10th, Gestion Bouca Inc acquired 1,339,972 shares of Independence Gold stock. The shares were bought at an average cost of C$0.20 per share, with a total value of C$267,994.40.
• On Friday, September 11th, Gestion Bouca Inc bought 570,500 shares of Independence Gold stock. The stock was bought at an average price of C$0.20 per share, with a total value of C$114,100.00.
• On Monday, September 14th, Gestion Bouca Inc bought 598,054 shares of Independence Gold stock. The shares were purchased at an average cost of C$0.18 per share, for a total transaction of C$107,649.72.
• On Tuesday, September 15th, Gestion Bouca Inc purchased 1,428,810 shares of Independence Gold stock. The shares were purchased at an average price of C$0.19 per share, for a total transaction of C$271,473.90.
• On Tuesday, September 15th, Gestion Bouca Inc purchased 111,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.19 per share, with a total value of C$21,090.00.
• On Wednesday, September 16th, Gestion Bouca Inc acquired 221,906 shares of Independence Gold stock. The stock was purchased at an average price of C$0.19 per share, with a total value of C$42,162.14.
• On Tuesday, August 11th, Gestion Bouca Inc acquired 700,088 shares of Independence Gold stock. The shares were purchased at an average cost 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 purchased at an average price of C$0.13 per share, for a total transaction of C$18,444.40.
• On Wednesday, August 12th, Gestion Bouca Inc bought 221,000 shares of Independence Gold stock. The stock was purchased at an average price of C$0.13 per share, with a total value of C$28,730.00.

Independence Gold Stock Performance

IGO stock remained flat at C$0.20 during midday trading on Monday. The company had a trading volume of 114,493 shares, compared to its average volume of 418,175. Independence Gold Corp. has a 52-week low of C$0.08 and a 52-week high of C$0.22. The company has a quick ratio of 0.38, a current ratio of 2.52 and a debt-to-equity ratio of 1.31. The stock’s 50 day simple moving average is C$0.14 and its 200-day simple moving average is C$0.12. The firm has a market capitalization of C$52.79 million, a price-to-earnings ratio of -6.67 and a beta of 0.57.

Independence Gold Company Profile

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.