Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Purchases 221,000 Shares of Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc acquired 221,000 shares of Independence Gold stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average price of C$0.13 per share, with a total value of C$28,730.00. Following the completion of the purchase, the insider owned 37,114,184 shares of the company’s stock, valued at approximately C$4,824,843.92. The trade was 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 bought 700,088 shares of Independence Gold stock. The shares were acquired at an average price of C$0.12 per share, with a total value of C$84,010.56.
• On Tuesday, August 11th, Gestion Bouca Inc acquired 141,880 shares of Independence Gold stock. The stock was bought at an average price of C$0.13 per share, for a total transaction of C$18,444.40.
• On Friday, July 24th, Gestion Bouca Inc acquired 121,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.12 per share, with a total value of C$14,520.00.
• On Wednesday, July 22nd, Gestion Bouca Inc purchased 61,000 shares of Independence Gold stock. The shares were acquired at an average price 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 shares were acquired at an average price 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 stock was bought at an average cost of C$0.12 per share, for a total transaction of C$19,680.00.
• On Wednesday, July 15th, Gestion Bouca Inc acquired 90,000 shares of Independence Gold stock. The shares were purchased at an average price of C$0.11 per share, with a total value of C$9,900.00.
• On Thursday, July 16th, Gestion Bouca Inc bought 453,636 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$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 cost 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 shares were purchased at an average price of C$0.12 per share, with a total value of C$960.00.

Independence Gold Stock Performance

Shares of CVE IGO remained flat at C$0.13 during mid-day trading on Thursday. 52,574 shares of the stock were exchanged, compared to its average volume of 367,879. The firm has a market cap of C$34.31 million, a PE ratio of -4.33 and a beta of 0.29. The company has a quick ratio of 0.38, a current ratio of 4.62 and a debt-to-equity ratio of 1.13. Independence Gold Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.21. The business has a fifty day simple moving average of C$0.11 and a 200-day simple moving average of 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.