Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Purchases 570,500 Shares

Key Points

• Gestion Bouca Inc. purchased 570,500 Independence Gold shares at an average price of C$0.20, investing C$114,100 and increasing its ownership by 1.41% to 41.12 million shares.
• The insider has made several additional purchases in August and September, including more than 1.3 million shares on September 10 and over 1.4 million shares on September 15.
• Independence Gold shares were flat at C$0.20, with a market capitalization of approximately C$52.8 million; the company explores for gold and silver at projects in British Columbia.

Independence Gold Corp. (CVE:IGO - Get Free Report) insider Gestion Bouca Inc purchased 570,500 shares of Independence Gold stock in a transaction on Friday, September 11th. The stock was bought at an average cost of C$0.20 per share, with a total value of C$114,100.00. Following the transaction, the insider directly owned 41,118,156 shares of the company's stock, valued at approximately C$8,223,631.20. The trade was a 1.41% increase in their ownership of the stock.

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 shares were bought at an average cost 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 bought at an average cost of C$0.20 per share, for a total transaction of C$14,000.00.
• On Thursday, September 10th, Gestion Bouca Inc acquired 1,339,972 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$267,994.40.
• On Monday, September 14th, Gestion Bouca Inc bought 598,054 shares of Independence Gold stock. The stock was bought at an average price of C$0.18 per share, with a total value of C$107,649.72.
• On Tuesday, September 15th, Gestion Bouca Inc bought 1,428,810 shares of Independence Gold stock. The shares were 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 purchased 111,000 shares of Independence Gold stock. The shares were bought at an average price of C$0.19 per share, for a total transaction of C$21,090.00.
• On Wednesday, September 16th, Gestion Bouca Inc purchased 221,906 shares of Independence Gold stock. The shares were bought at an average price of C$0.19 per share, for a total transaction of C$42,162.14.
• On Tuesday, August 11th, Gestion Bouca Inc purchased 700,088 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$84,010.56.
• On Tuesday, August 11th, Gestion Bouca Inc acquired 141,880 shares of Independence Gold stock. The stock was purchased at an average price of C$0.13 per share, with a total value of C$18,444.40.
• On Wednesday, August 12th, Gestion Bouca Inc acquired 221,000 shares of Independence Gold stock. The shares were purchased at an average cost of C$0.13 per share, with a total value of C$28,730.00.

Independence Gold Price Performance

Shares of CVE IGO remained flat at C$0.20 during trading hours on Monday. 114,493 shares of the company traded hands, compared to its average volume of 418,175. Independence Gold Corp. has a fifty-two week low of C$0.08 and a fifty-two week high of C$0.22. The business's 50 day moving average is C$0.14 and its 200 day moving average is C$0.12. The company has a quick ratio of 0.38, a current ratio of 2.52 and a debt-to-equity ratio of 1.31. The stock has a market cap of C$52.79 million, a price-to-earnings ratio of -6.67 and a beta of 0.57.

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.

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