Gestion Bouca Inc Acquires 221,906 Shares of Independence Gold (CVE:IGO) Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 221,906 shares of the stock in a transaction on Wednesday, September 16th. The shares were purchased at an average cost of C$0.19 per share, with a total value of C$42,162.14. Following the transaction, the insider owned 43,366,926 shares of the company’s stock, valued at C$8,239,715.94. This trade 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 acquired 277,500 shares of Independence Gold stock. The stock was purchased at an average price of C$0.21 per share, for a total transaction of C$58,275.00.
• On Wednesday, September 9th, Gestion Bouca Inc acquired 70,000 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.20 per share, for a total transaction of C$14,000.00.
• On Thursday, September 10th, Gestion Bouca Inc bought 1,339,972 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.20 per share, with a total value 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 cost of C$0.20 per share, with a total value of C$114,100.00.
• On Monday, September 14th, Gestion Bouca Inc purchased 598,054 shares of Independence Gold stock. The stock was acquired at an average price of C$0.18 per share, for a total transaction of C$107,649.72.
• On Tuesday, September 15th, Gestion Bouca Inc purchased 1,428,810 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.19 per share, for a total transaction of C$271,473.90.
• On Tuesday, September 15th, Gestion Bouca Inc acquired 111,000 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.19 per share, with a total value of C$21,090.00.
• On Tuesday, August 11th, Gestion Bouca Inc acquired 700,088 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.12 per share, with a total value of C$84,010.56.
• On Tuesday, August 11th, Gestion Bouca Inc bought 141,880 shares of Independence Gold stock. The stock was acquired 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 bought 221,000 shares of Independence Gold stock. The shares were acquired at an average price of C$0.13 per share, for a total transaction of C$28,730.00.

Independence Gold Stock Performance

Independence Gold stock remained flat at C$0.20 during trading on Monday. 114,493 shares of the company were exchanged, compared to its average volume of 418,175. The business’s 50-day simple moving average is C$0.14 and its 200-day simple moving average is C$0.12. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.38 and a current ratio of 2.52. Independence Gold Corp. has a 12-month low of C$0.08 and a 12-month high of C$0.22. The company has a market cap of C$52.79 million, a price-to-earnings ratio of -6.67 and a beta of 0.57.

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.