Independence Gold (CVE:IGO) Insider Acquires C$178,000.00 in Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc bought 1,780,000 shares of the business’s stock in a transaction dated Saturday, June 27th. The stock was acquired at an average price of C$0.10 per share, for a total transaction of C$178,000.00. Following the purchase, the insider directly owned 31,771,000 shares in the company, valued at approximately C$3,177,100. The trade was a 5.94% increase in their ownership of the stock.

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

• On Friday, June 26th, Gestion Bouca Inc purchased 959,500 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.10 per share, with a total value of C$95,950.00.
• On Tuesday, June 16th, Gestion Bouca Inc purchased 478,000 shares of Independence Gold stock. The shares were acquired at an average price of C$0.10 per share, for a total transaction of C$47,800.00.
• On Tuesday, June 9th, Gestion Bouca Inc acquired 217,000 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.09 per share, for a total transaction of C$19,530.00.
• On Wednesday, June 3rd, Gestion Bouca Inc acquired 290,000 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.10 per share, for a total transaction of C$29,000.00.
• On Tuesday, May 12th, Gestion Bouca Inc acquired 341,000 shares of Independence Gold stock. The stock was acquired at an average price of C$0.11 per share, with a total value of C$37,510.00.

Independence Gold Trading Up 3.0%

Shares of Independence Gold stock opened at C$0.10 on Friday. Independence Gold Corp. has a 1 year low of C$0.08 and a 1 year high of C$0.21. The firm has a market cap of C$27.19 million, a PE ratio of -3.43 and a beta of 0.33. The stock has a fifty day moving average price of C$0.10 and a 200-day moving average price of C$0.10. The company has a debt-to-equity ratio of 1.13, a current ratio of 4.62 and a quick ratio of 0.38.

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.