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

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 1,670,080 shares of the stock in a transaction dated Tuesday, July 7th. The shares were 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 acquisition, 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 bought at an average price of C$0.11 per share, for a total transaction of C$40,700.00.
• On Friday, June 26th, Gestion Bouca Inc bought 959,500 shares of Independence Gold stock. The stock was bought at an average cost of C$0.10 per share, for a total transaction of C$95,950.00.
• On Saturday, June 27th, Gestion Bouca Inc purchased 1,780,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.10 per share, with a total value of C$178,000.00.
• On Tuesday, June 16th, Gestion Bouca Inc purchased 478,000 shares of Independence Gold stock. The stock was 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 acquired 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 acquired 290,000 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$29,000.00.
• On Tuesday, May 12th, Gestion Bouca Inc bought 341,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.11 per share, for a total transaction of C$37,510.00.

Independence Gold Price Performance

CVE:IGO opened at C$0.11 on Thursday. The company has a quick ratio of 0.38, a current ratio of 4.62 and a debt-to-equity ratio of 1.13. The stock’s fifty day moving average is C$0.10 and its two-hundred day moving average is C$0.10. Independence Gold Corp. has a 52 week low of C$0.08 and a 52 week high of C$0.21. The stock has a market capitalization of C$29.03 million, a price-to-earnings ratio of -3.67 and a beta of 0.29.

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.