Insider Buying: Independence Gold (CVE:IGO) Insider Buys 1,526,030 Shares of Company Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc acquired 1,526,030 shares of the business’s stock in a transaction that occurred on Wednesday, October 28th. The stock was bought at an average cost of C$0.12 per share, for a total transaction of C$183,123.60. Following the completion of the transaction, the insider directly owned 45,564,132 shares in the company, valued at C$5,467,695.84. This represents a 3.47% increase in their position.

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 purchased at an average price of C$0.13 per share, with a total value of C$52,325.00.
• On Thursday, October 29th, Gestion Bouca Inc purchased 270,500 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.12 per share, for a total transaction of C$32,460.00.
• On Friday, October 30th, Gestion Bouca Inc purchased 309,500 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.12 per share, for a total transaction of C$37,140.00.
• On Tuesday, September 8th, Gestion Bouca Inc purchased 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 shares were purchased 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 acquired 1,339,972 shares of Independence Gold stock. The shares were purchased 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 acquired 570,500 shares of Independence Gold stock. The shares were purchased at an average price of C$0.20 per share, with a total value of C$114,100.00.
• On Monday, September 14th, Gestion Bouca Inc bought 598,054 shares of Independence Gold stock. The stock was purchased at an average cost of C$0.18 per share, for a total transaction of C$107,649.72.
• On Tuesday, September 15th, Gestion Bouca Inc bought 1,428,810 shares of Independence Gold stock. The stock was purchased 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 bought 111,000 shares of Independence Gold stock. The stock was purchased at an average price of C$0.19 per share, for a total transaction of C$21,090.00.

Independence Gold Stock Down 4.3%

CVE IGO traded down C$0.01 during trading on Friday, hitting C$0.11. The stock had a trading volume of 65,500 shares, compared to its average volume of 399,104. 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 debt-to-equity ratio of 1.31, a quick ratio of 0.38 and a current ratio of 2.52. The company’s 50-day moving average price is C$0.15 and its two-hundred day moving average price is C$0.12. The company has a market capitalization of C$29.03 million, a PE ratio of -3.67 and a beta of 1.37.

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.