Key Points
- Insider buying: Gestion Bouca Inc. purchased 341,000 shares of Independence Gold on May 12 at an average price of C$0.11 per share, for a total of C$37,510.
- After the trade, the insider’s direct stake rose to 28,991,000 shares, worth about C$3.19 million, representing a 1.19% increase in ownership.
- Independence Gold shares were trading near C$0.11, with a market cap of C$27.71 million and a 52-week range of C$0.08 to C$0.21.
Independence Gold Corp. (CVE:IGO - Get Free Report) insider Gestion Bouca Inc bought 341,000 shares of the business's stock in a transaction on Tuesday, May 12th. The shares were acquired at an average price of C$0.11 per share, with a total value of C$37,510.00. Following the transaction, the insider directly owned 28,991,000 shares of the company's stock, valued at approximately C$3,189,010. This trade represents a 1.19% increase in their ownership of the stock.
Independence Gold Price Performance
Shares of CVE:IGO opened at C$0.11 on Friday. The company has a quick ratio of 0.38, a current ratio of 6.44 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of C$27.71 million, a PE ratio of -3.50 and a beta of 0.47. Independence Gold Corp. has a twelve month low of C$0.08 and a twelve month high of C$0.21. The company has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.10.
Independence Gold Company Profile
(
Get Free Report)
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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