Gestion Bouca Inc Acquires 1,670,080 Shares of Independence Gold (CVE:IGO) Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 1,670,080 shares of the firm’s stock in a transaction on Tuesday, July 7th. The stock was acquired at an average price of C$0.12 per share, with a total value of C$200,409.60. Following the completion of the transaction, the insider owned 33,441,080 shares in the company, valued at approximately C$4,012,929.60. This trade represents a 5.26% increase in their position.

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

• On Monday, July 6th, Gestion Bouca Inc acquired 370,000 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.11 per share, for a total transaction of C$40,700.00.
• On Friday, June 26th, Gestion Bouca Inc acquired 959,500 shares of Independence Gold stock. The stock was bought at an average price of C$0.10 per share, with a total value of C$95,950.00.
• On Saturday, June 27th, Gestion Bouca Inc bought 1,780,000 shares of Independence Gold stock. The shares were bought at an average cost of C$0.10 per share, with a total value of C$178,000.00.
• On Tuesday, June 16th, Gestion Bouca Inc bought 478,000 shares of Independence Gold stock. The shares were bought at an average cost of C$0.10 per share, for a total transaction of C$47,800.00.
• On Tuesday, June 9th, Gestion Bouca Inc purchased 217,000 shares of Independence Gold stock. The stock was bought at an average price of C$0.09 per share, for a total transaction of C$19,530.00.
• On Wednesday, June 3rd, Gestion Bouca Inc purchased 290,000 shares of Independence Gold stock. The stock was bought at an average price of C$0.10 per share, for a total transaction of C$29,000.00.
• On Tuesday, May 12th, Gestion Bouca Inc purchased 341,000 shares of Independence Gold stock. The stock was bought at an average cost of C$0.11 per share, with a total value of C$37,510.00.

Independence Gold Stock Performance

Shares of IGO remained flat at C$0.11 during mid-day trading on Wednesday. The stock had a trading volume of 201,859 shares, compared to its average volume of 376,064. The stock has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.10. 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 company has a market capitalization of C$29.03 million, a PE ratio of -3.67 and a beta of 0.29. Independence Gold Corp. has a 52 week low of C$0.08 and a 52 week high of C$0.21.

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.