Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Buys 217,000 Shares

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 217,000 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was bought at an average cost of C$0.09 per share, with a total value of C$19,530.00. Following the purchase, the insider owned 2,879,500 shares in the company, valued at approximately C$259,155. This represents a 8.15% increase in their ownership of the stock.

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

• On Wednesday, June 3rd, Gestion Bouca Inc acquired 290,000 shares of Independence Gold stock. The shares were 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 bought 341,000 shares of Independence Gold stock. The stock was bought at an average price of C$0.11 per share, with a total value of C$37,510.00.

Independence Gold Price Performance

Shares of IGO stock traded up C$0.01 during trading hours on Monday, hitting C$0.10. 55,000 shares of the company’s stock were exchanged, compared to its average volume of 373,569. Independence Gold Corp. has a 12-month low of C$0.08 and a 12-month high of C$0.21. The company has a market capitalization of C$25.08 million, a PE ratio of -3.17 and a beta of 0.33. The business’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.10. The company has a current ratio of 4.62, a quick ratio of 0.38 and a debt-to-equity ratio of 1.13.

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.