Independence Gold (CVE:IGO) Insider Acquires C$42,162.14 in Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 221,906 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was acquired at an average price of C$0.19 per share, for a total transaction of C$42,162.14. Following the purchase, the insider owned 43,366,926 shares of the company’s stock, valued at approximately C$8,239,715.94. This represents a 0.51% increase in their position.

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

• On Tuesday, September 8th, Gestion Bouca Inc purchased 277,500 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.21 per share, with a total value 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 price of C$0.20 per share, for a total transaction of C$14,000.00.
• On Thursday, September 10th, Gestion Bouca Inc acquired 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 shares were acquired 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 bought 598,054 shares of Independence Gold stock. The shares were acquired at an average price 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 shares were bought at an average cost 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 bought at an average price of C$0.19 per share, with a total value of C$21,090.00.
• On Tuesday, August 11th, Gestion Bouca Inc purchased 700,088 shares of Independence Gold stock. The stock was bought at an average cost of C$0.12 per share, for a total transaction of C$84,010.56.
• On Tuesday, August 11th, Gestion Bouca Inc purchased 141,880 shares of Independence Gold stock. The stock was bought at an average cost of C$0.13 per share, for a total transaction of C$18,444.40.
• On Wednesday, August 12th, Gestion Bouca Inc acquired 221,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.13 per share, for a total transaction of C$28,730.00.

Independence Gold Price Performance

Shares of IGO stock opened at C$0.18 on Thursday. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.52 and a quick ratio of 0.38. Independence Gold Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.22. The firm has a fifty day moving average of C$0.15 and a two-hundred day moving average of C$0.12. The firm has a market cap of C$47.51 million, a P/E ratio of -6.00 and a beta of 0.57.

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.