Independence Gold (CVE:IGO) Insider Gestion Bouca Inc Buys 70,000 Shares

Independence Gold Corp. (CVE:IGO - Get Free Report) insider Gestion Bouca Inc acquired 70,000 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was acquired at an average price of C$0.20 per share, for a total transaction of C$14,000.00. Following the transaction, the insider directly owned 8,952,500 shares of the company's stock, valued at C$1,790,500. This represents a 0.79% increase in their position.

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

• On Tuesday, September 8th, Gestion Bouca Inc bought 277,500 shares of Independence Gold stock. The shares were acquired at an average price of C$0.21 per share, with a total value of C$58,275.00.
• On Thursday, September 10th, Gestion Bouca Inc acquired 1,339,972 shares of Independence Gold stock. The stock was bought at an average price of C$0.20 per share, for a total transaction of C$267,994.40.
• On Friday, September 11th, Gestion Bouca Inc acquired 570,500 shares of Independence Gold stock. The shares were bought at an average cost of C$0.20 per share, with a total value of C$114,100.00.
• On Monday, September 14th, Gestion Bouca Inc acquired 598,054 shares of Independence Gold stock. The shares were purchased at an average price of C$0.18 per share, for a total transaction of C$107,649.72.
• On Tuesday, September 15th, Gestion Bouca Inc purchased 1,428,810 shares of Independence Gold stock. The shares were acquired at an average price of C$0.19 per share, for a total transaction of C$271,473.90.
• On Tuesday, September 15th, Gestion Bouca Inc bought 111,000 shares of Independence Gold stock. The stock was acquired 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 acquired 221,906 shares of Independence Gold stock. The stock was 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 acquired 700,088 shares of Independence Gold stock. The stock was bought at an average price of C$0.12 per share, for a total transaction of C$84,010.56.
• On Tuesday, August 11th, Gestion Bouca Inc bought 141,880 shares of Independence Gold stock. The stock was bought at an average cost 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 stock was bought at an average price of C$0.13 per share, with a total value of C$28,730.00.

Independence Gold Stock Up 2.5%

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Shares of Independence Gold stock opened at C$0.20 on Tuesday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.38 and a current ratio of 2.52. Independence Gold Corp. has a 52-week low of C$0.08 and a 52-week high of C$0.22. The stock has a market capitalization of C$54.11 million, a price-to-earnings ratio of -6.83 and a beta of 0.57. The company's 50 day moving average price is C$0.15 and its 200-day moving average price is C$0.12.

Independence Gold News Summary

Here are the key news stories impacting Independence Gold this week:

• Positive Sentiment: Gestion Bouca Inc. acquired approximately 4.62 million shares for roughly C$896,700, at prices ranging from C$0.18 to C$0.21 per share. The repeated buying—including purchases of 1.34 million and 1.43 million shares—signals notable insider confidence and may be supporting investor interest. Independence Gold insider transaction information
• Positive Sentiment: Following the reported transactions, Gestion Bouca Inc. held more than 43.37 million shares in one reported position, alongside an additional 9.06 million shares in another disclosed position. The purchases increase insider exposure while the stock remains near its 52-week high of C$0.22.
• Neutral Sentiment: Independence Gold’s shares have risen well above their 50-day and 200-day moving averages of approximately C$0.14 and C$0.12, respectively, indicating strong recent momentum. However, the company remains a small, loss-making exploration stock with a market capitalization of about C$54 million, a negative P/E ratio, and limited trading liquidity.

About Independence Gold

(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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