Key Points
- Insider buying: Gestion Bouca Inc. purchased 121,000 Independence Gold shares at an average price of C$0.12, increasing its position by 0.34% to 35.67 million shares valued at approximately C$4.28 million.
- Continued accumulation: The insider has made multiple purchases in July, including more than 1.67 million shares on July 7 and additional sizable purchases on July 9, 16, and 22.
- Stock performance and profile: Independence Gold shares were down 4.2% and opened at C$0.12, with a market capitalization of approximately C$30.35 million. The company explores for gold and silver in British Columbia and other parts of North America.
Independence Gold Corp. (CVE:IGO - Get Free Report) insider Gestion Bouca Inc purchased 121,000 shares of the company's stock in a transaction that occurred on Friday, July 24th. The shares were purchased at an average cost of C$0.12 per share, with a total value of C$14,520.00. Following the completion of the purchase, the insider owned 35,666,716 shares of the company's stock, valued at C$4,280,005.92. The trade was a 0.34% increase in their position.
Gestion Bouca Inc also recently made the following trade(s):
- On Wednesday, July 22nd, Gestion Bouca Inc purchased 61,000 shares of Independence Gold stock. The shares were purchased at an average price of C$0.12 per share, with a total value of C$7,320.00.
- On Wednesday, July 22nd, Gestion Bouca Inc bought 100,000 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.12 per share, with a total value of C$12,000.00.
- On Wednesday, July 22nd, Gestion Bouca Inc purchased 164,000 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$19,680.00.
- On Wednesday, July 15th, Gestion Bouca Inc purchased 90,000 shares of Independence Gold stock. The stock was acquired at an average price of C$0.11 per share, for a total transaction of C$9,900.00.
- On Thursday, July 16th, Gestion Bouca Inc acquired 453,636 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.12 per share, with a total value of C$54,436.32.
- On Thursday, July 9th, Gestion Bouca Inc acquired 465,000 shares of Independence Gold stock. The stock was acquired at an average cost of C$0.12 per share, with a total value of C$55,800.00.
- On Thursday, July 9th, Gestion Bouca Inc bought 8,000 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$960.00.
- On Friday, July 10th, Gestion Bouca Inc bought 5,000 shares of Independence Gold stock. The shares were acquired at an average price of C$0.11 per share, for a total transaction of C$550.00.
- On Monday, July 6th, Gestion Bouca Inc purchased 370,000 shares of Independence Gold stock. The stock was bought 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 acquired 1,670,080 shares of Independence Gold stock. The shares were bought at an average cost of C$0.12 per share, for a total transaction of C$200,409.60.
Independence Gold Trading Down 4.2%
Shares of CVE IGO opened at C$0.12 on Tuesday. Independence Gold Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.21. The company has a debt-to-equity ratio of 1.13, a current ratio of 4.62 and a quick ratio of 0.38. The business's 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.10. The stock has a market capitalization of C$30.35 million, a P/E ratio of -3.83 and a beta of 0.29.
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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