Independence Gold (CVE:IGO) Stock: Insider Gestion Bouca Inc Buys 309,500 Shares

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc acquired 309,500 shares of the stock in a transaction dated Friday, October 30th. The stock was acquired at an average cost of C$0.12 per share, with a total value of C$37,140.00. Following the transaction, the insider directly owned 46,144,132 shares in the company, valued at approximately C$5,537,295.84. This represents a 0.68% increase in their ownership of the stock.

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

• On Tuesday, October 27th, Gestion Bouca Inc bought 402,500 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.13 per share, for a total transaction of C$52,325.00.
• On Wednesday, October 28th, Gestion Bouca Inc bought 1,526,030 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.12 per share, for a total transaction of C$183,123.60.
• On Thursday, October 29th, Gestion Bouca Inc purchased 270,500 shares of Independence Gold stock. The stock was acquired at an average price of C$0.12 per share, with a total value of C$32,460.00.
• On Tuesday, September 8th, Gestion Bouca Inc purchased 277,500 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.21 per share, with a total value of C$58,275.00.
• On Wednesday, September 9th, Gestion Bouca Inc purchased 70,000 shares of Independence Gold stock. The stock was 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 purchased 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 acquired 570,500 shares of Independence Gold stock. The shares were bought at an average price of C$0.20 per share, for a total transaction of C$114,100.00.
• On Monday, September 14th, Gestion Bouca Inc acquired 598,054 shares of Independence Gold stock. The shares were bought 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 acquired 1,428,810 shares of Independence Gold stock. The stock was bought at an average cost of C$0.19 per share, with a total value of C$271,473.90.
• On Tuesday, September 15th, Gestion Bouca Inc bought 111,000 shares of Independence Gold stock. The stock was bought at an average price of C$0.19 per share, with a total value of C$21,090.00.

Independence Gold Stock Performance

IGO stock traded down C$0.01 during trading on Friday, reaching C$0.11. The company had a trading volume of 65,500 shares, compared to its average volume of 399,104. The company has a market cap of C$29.03 million, a price-to-earnings ratio of -3.67 and a beta of 1.37. Independence Gold Corp. has a twelve month low of C$0.08 and a twelve month high of C$0.22. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.38 and a current ratio of 2.52. The firm has a 50-day simple moving average of C$0.15 and a 200-day simple moving average of C$0.12.

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.