Independence Gold (CVE:IGO) Insider Purchases C$37,510.00 in Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 341,000 shares of Independence Gold stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of C$0.11 per share, with a total value of C$37,510.00. Following the acquisition, the insider owned 28,991,000 shares in the company, valued at approximately C$3,189,010. This represents a 1.19% increase in their position.

Independence Gold Stock Performance

Shares of CVE:IGO opened at C$0.11 on Monday. The company has a market cap of C$27.71 million, a P/E ratio of -3.50 and a beta of 0.47. The company has a debt-to-equity ratio of 1.40, a current ratio of 6.44 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$0.21. The stock’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.10.

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.