Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Buys 290,000 Shares

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc acquired 290,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were bought at an average cost of C$0.10 per share, for a total transaction of C$29,000.00. Following the acquisition, the insider owned 2,662,500 shares of the company’s stock, valued at C$266,250. This represents a 12.22% increase in their position.

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

• On Tuesday, May 12th, Gestion Bouca Inc acquired 341,000 shares of Independence Gold stock. The shares were bought at an average cost of C$0.11 per share, for a total transaction of C$37,510.00.

Independence Gold Price Performance

Shares of CVE IGO opened at C$0.09 on Wednesday. Independence Gold Corp. has a 12-month low of C$0.08 and a 12-month high of C$0.21. The company has a market capitalization of C$23.76 million, a PE ratio of -3.00 and a beta of 0.33. The company has a debt-to-equity ratio of 1.13, a current ratio of 4.62 and a quick ratio of 0.38. The firm’s 50-day moving average is C$0.10 and its two-hundred day moving average is C$0.10.

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.