Gestion Bouca Inc Buys 453,636 Shares of Independence Gold (CVE:IGO) Stock

Independence Gold Corp. (CVE:IGO) insider Gestion Bouca Inc purchased 453,636 shares of the stock in a transaction that occurred on Thursday, July 16th. The shares were acquired at an average cost of C$0.12 per share, with a total value of C$54,436.32. Following the completion of the transaction, the insider owned 34,359,716 shares in the company, valued at C$4,123,165.92. This trade represents a 1.34% increase in their ownership of the stock.

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

• On Wednesday, July 15th, Gestion Bouca Inc acquired 90,000 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.11 per share, for a total transaction of C$9,900.00.
• On Thursday, July 9th, Gestion Bouca Inc acquired 465,000 shares of Independence Gold stock. The stock was acquired at an average price of C$0.12 per share, for a total transaction of C$55,800.00.
• On Thursday, July 9th, Gestion Bouca Inc bought 8,000 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.12 per share, with a total value of C$960.00.
• On Friday, July 10th, Gestion Bouca Inc bought 5,000 shares of Independence Gold stock. The shares were acquired at an average cost of C$0.11 per share, with a total value of C$550.00.
• On Monday, July 6th, Gestion Bouca Inc bought 370,000 shares of Independence Gold stock. The shares were acquired at an average price of C$0.11 per share, with a total value of C$40,700.00.
• On Tuesday, July 7th, Gestion Bouca Inc bought 1,670,080 shares of Independence Gold stock. The shares were acquired at an average price of C$0.12 per share, with a total value of C$200,409.60.
• On Friday, June 26th, Gestion Bouca Inc purchased 959,500 shares of Independence Gold stock. The stock was bought at an average cost of C$0.10 per share, for a total transaction of C$95,950.00.
• On Saturday, June 27th, Gestion Bouca Inc purchased 1,780,000 shares of Independence Gold stock. The stock was bought at an average price of C$0.10 per share, for a total transaction of C$178,000.00.
• On Tuesday, June 16th, Gestion Bouca Inc purchased 478,000 shares of Independence Gold stock. The stock was bought 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 shares were bought at an average cost of C$0.09 per share, with a total value of C$19,530.00.

Independence Gold Stock Down 4.8%

Shares of CVE:IGO opened at C$0.10 on Tuesday. The stock has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10. The stock has a market capitalization of C$26.39 million, a price-to-earnings ratio of -3.33 and a beta of 0.29. Independence Gold Corp. has a 12-month low of C$0.08 and a 12-month high of C$0.21. The company has a current ratio of 4.62, a quick ratio of 0.38 and a debt-to-equity ratio of 1.13.

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.