Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Acquires 309,500 Shares of Company Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc acquired 309,500 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The shares were acquired at an average cost of C$0.12 per share, for a total transaction of C$37,140.00. Following the completion of the acquisition, the insider owned 46,144,132 shares of the company’s stock, valued at C$5,537,295.84. This trade represents a 0.68% increase in their ownership of the stock.

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

• On Tuesday, October 27th, Gestion Bouca Inc purchased 402,500 shares of Independence Gold stock. The stock was bought at an average cost of C$0.13 per share, with a total value of C$52,325.00.
• On Wednesday, October 28th, Gestion Bouca Inc acquired 1,526,030 shares of Independence Gold stock. The shares were bought at an average price of C$0.12 per share, with a total value of C$183,123.60.
• On Thursday, October 29th, Gestion Bouca Inc acquired 270,500 shares of Independence Gold stock. The shares were bought at an average price of C$0.12 per share, with a total value of C$32,460.00.
• On Tuesday, September 8th, Gestion Bouca Inc acquired 277,500 shares of Independence Gold stock. The shares were bought at an average cost of C$0.21 per share, for a total transaction of C$58,275.00.
• On Wednesday, September 9th, Gestion Bouca Inc bought 70,000 shares of Independence Gold stock. The stock was 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 bought 1,339,972 shares of Independence Gold stock. The stock was bought at an average price of C$0.20 per share, for a total transaction of C$267,994.40.
• On Friday, September 11th, Gestion Bouca Inc bought 570,500 shares of Independence Gold stock. The stock was purchased 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 purchased 598,054 shares of Independence Gold stock. The shares were purchased at an average cost of C$0.18 per share, with a total value of C$107,649.72.
• On Tuesday, September 15th, Gestion Bouca Inc purchased 1,428,810 shares of Independence Gold stock. The stock was 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 price of C$0.19 per share, for a total transaction of C$21,090.00.

Independence Gold Stock Down 4.3%

Shares of Independence Gold stock traded down C$0.01 on Friday, reaching C$0.11. The stock had a trading volume of 65,500 shares, compared to its average volume of 399,104. The company has a 50 day moving average price of C$0.15 and a 200 day moving average price of C$0.12. The company has a quick ratio of 0.38, a current ratio of 2.52 and a debt-to-equity ratio of 1.31. Independence Gold Corp. has a 1 year low of C$0.08 and a 1 year high of C$0.22. The stock has a market capitalization of C$29.03 million, a P/E ratio of -3.67 and a beta of 1.37.

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.