Gestion Bouca Inc Purchases 217,000 Shares of Independence Gold (CVE:IGO) Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 217,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was purchased at an average cost of C$0.09 per share, with a total value of C$19,530.00. Following the purchase, the insider directly owned 2,879,500 shares in the company, valued at C$259,155. The trade was a 8.15% increase in their position.

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

• On Tuesday, June 16th, Gestion Bouca Inc bought 478,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.10 per share, with a total value of C$47,800.00.
• On Wednesday, June 3rd, Gestion Bouca Inc bought 290,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.10 per share, with a total value of C$29,000.00.
• On Tuesday, May 12th, Gestion Bouca Inc bought 341,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.11 per share, with a total value of C$37,510.00.

Independence Gold Trading Up 11.1%

Shares of IGO stock opened at C$0.10 on Wednesday. The firm has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.10. Independence Gold Corp. has a twelve month low of C$0.08 and a twelve month high of C$0.21. The company has a market capitalization of C$26.39 million, a price-to-earnings ratio of -3.33 and a beta of 0.33. The company has a current ratio of 4.62, a quick ratio of 0.38 and a debt-to-equity ratio of 1.13.

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.