Independence Gold (CVE:IGO) Insider Purchases C$107,649.72 in Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 598,054 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average price of C$0.18 per share, for a total transaction of C$107,649.72. Following the completion of the acquisition, the insider directly owned 41,716,210 shares of the company’s stock, valued at C$7,508,917.80. This trade represents a 1.45% 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 acquired at an average price of C$0.21 per share, with a total value of C$58,275.00.
• On Wednesday, September 9th, Gestion Bouca Inc bought 70,000 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$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 price of C$0.20 per share, for a total transaction of C$267,994.40.
• On Friday, September 11th, Gestion Bouca Inc purchased 570,500 shares of Independence Gold stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$114,100.00.
• On Tuesday, September 15th, Gestion Bouca Inc purchased 1,428,810 shares of Independence Gold stock. The shares were bought at an average price of C$0.19 per share, with a total value of C$271,473.90.
• On Tuesday, September 15th, Gestion Bouca Inc acquired 111,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.19 per share, with a total value of C$21,090.00.
• On Wednesday, September 16th, Gestion Bouca Inc acquired 221,906 shares of Independence Gold stock. The stock was bought at an average cost of C$0.19 per share, for a total transaction of C$42,162.14.
• On Tuesday, August 11th, Gestion Bouca Inc bought 700,088 shares of Independence Gold stock. The stock was bought at an average price of C$0.12 per share, for a total transaction of C$84,010.56.
• On Tuesday, August 11th, Gestion Bouca Inc bought 141,880 shares of Independence Gold stock. The shares were bought at an average cost of C$0.13 per share, with a total value of C$18,444.40.
• On Wednesday, August 12th, Gestion Bouca Inc purchased 221,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.13 per share, with a total value of C$28,730.00.

Independence Gold Stock Performance

Shares of CVE:IGO remained flat at C$0.20 during mid-day trading on Monday. 114,493 shares of the company were exchanged, compared to its average volume of 418,175. Independence Gold Corp. has a 52 week low of C$0.08 and a 52 week high of C$0.22. The company has a current ratio of 2.52, a quick ratio of 0.38 and a debt-to-equity ratio of 1.31. The company has a 50 day simple moving average of C$0.14 and a 200-day simple moving average of C$0.12. The stock has a market capitalization 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.