Independence Gold (CVE:IGO) Insider Acquires C$29,000.00 in Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 290,000 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was purchased at an average price of C$0.10 per share, with a total value of C$29,000.00. Following the purchase, the insider owned 2,662,500 shares in the company, valued at C$266,250. This trade represents a 12.22% increase in their ownership of the stock.

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

• On Tuesday, May 12th, Gestion Bouca Inc bought 341,000 shares of Independence Gold stock. The stock was purchased at an average price of C$0.11 per share, with a total value of C$37,510.00.

Independence Gold Stock Up 5.6%

Shares of IGO traded up C$0.01 on Tuesday, reaching C$0.10. The stock had a trading volume of 339,500 shares, compared to its average volume of 383,180. The firm has a market capitalization of C$25.08 million, a price-to-earnings ratio of -3.17 and a beta of 0.33. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.38 and a current ratio of 4.62. The company has a 50-day simple moving average of C$0.10 and a 200-day simple moving average of C$0.10. Independence Gold Corp. has a 12-month low of C$0.08 and a 12-month high of C$0.21.

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.