Independence Gold Nl Ord


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Independence Group is a diversified metals miner based in Western Australia. Key exposures are to nickel and gold, with minor copper and cobalt revenue from Nova. Nova-Bollinger is the key asset and nickel is the major source of earnings from 2018, taking over from gold from the firms 30% share of the Tropicana mine. Both mines have relatively low operating costs but reserve life is less than 10 years. Independence Group has a bias towards growth through exploration. With the balance sheet in good shape and cash flow expected to be strong in the medium-term, we expect exploration expenditure and activity to be elevated.

Contact Information

Main Phone: +61 892388300
Address: Level 5, South Shore Centre
Address 2: Suite 4
State: WA
City / Town: Perth
Country: AUS
Postal Code: 6151

Issuer Information

Exchange: OTO
$ 2.91 $ -0.17 (-5.52%)
Last Price 2.91 Change $ -0.17 Change % -5.52 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open 2.91 High 2.91 Low 2.91 Prev Close 3.08
Last Trade Volume 1,500 52 Wk Hi 4.23 52 Wk Low 2.71
Market Cap 1.7 bi Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 590,477,819.00 EPS (TTM) 0.07 PE Ratio 46.50 Exchange OTCPK