Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Buys 1,526,030 Shares of Company Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 1,526,030 shares of Independence Gold stock in a transaction dated Wednesday, October 28th. The shares were purchased at an average cost of C$0.12 per share, for a total transaction of C$183,123.60. Following the completion of the transaction, the insider owned 45,564,132 shares of the company’s stock, valued at approximately C$5,467,695.84. This represents a 3.47% 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 purchased at an average cost of C$0.13 per share, with a total value of C$52,325.00.
• On Thursday, October 29th, Gestion Bouca Inc acquired 270,500 shares of Independence Gold stock. The stock was purchased at an average price of C$0.12 per share, with a total value of C$32,460.00.
• On Friday, October 30th, Gestion Bouca Inc acquired 309,500 shares of Independence Gold stock. The stock was purchased at an average price of C$0.12 per share, with a total value of C$37,140.00.
• On Tuesday, September 8th, Gestion Bouca Inc acquired 277,500 shares of Independence Gold stock. The shares were acquired 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 acquired 70,000 shares of Independence Gold stock. The shares were acquired at an average cost 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 shares were acquired 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 acquired at an average cost 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 stock was acquired 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 acquired at an average price of C$0.19 per share, with a total value of C$271,473.90.
• On Tuesday, September 15th, Gestion Bouca Inc purchased 111,000 shares of Independence Gold stock. The stock was acquired at an average price of C$0.19 per share, with a total value of C$21,090.00.

Independence Gold Stock Down 4.3%

Shares of CVE IGO traded down C$0.01 during mid-day trading on Friday, reaching C$0.11. 65,500 shares of the company’s stock were exchanged, compared to its average volume of 399,104. The firm has a market capitalization of C$29.03 million, a price-to-earnings ratio of -3.67 and a beta of 1.37. The company has a current ratio of 2.52, a quick ratio of 0.38 and a debt-to-equity ratio of 1.31. The business has a fifty day simple moving average of C$0.15 and a 200 day simple moving average of C$0.12. Independence Gold Corp. has a twelve month low of C$0.08 and a twelve month high of C$0.22.

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.