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

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 217,000 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were acquired at an average price of C$0.09 per share, with a total value of C$19,530.00. Following the completion of the transaction, the insider owned 2,879,500 shares of the company’s stock, valued at approximately C$259,155. The trade was a 8.15% increase in their position.

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

• On Wednesday, June 3rd, Gestion Bouca Inc bought 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 shares were bought at an average cost of C$0.11 per share, with a total value of C$37,510.00.

Independence Gold Price Performance

Shares of IGO opened at C$0.09 on Tuesday. The firm has a market capitalization of C$23.76 million, a P/E ratio of -3.00 and a beta of 0.33. 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 current ratio of 4.62, a quick ratio of 0.38 and a debt-to-equity ratio of 1.13. The firm has a fifty day moving average price of C$0.10 and a 200-day moving average price of C$0.10.

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.