Independence Group traded at 8.11 this Friday February 6th, decreasing 0.37 or 4.36 percent since the previous trading session. Looking back, over the last four weeks, Independence lost 7.53 percent. Over the last 12 months, its price rose by 62.85 percent. Looking ahead, we forecast Independence Group to be priced at 8.15 by the end of this quarter and at 7.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
IGO Limited is an Australia-based exploration and mining company. The Company is focused on discovering, developing and operating assets focused on metals critical to enabling clean energy. The Company’s operations include Nova Ni-Cu-Co Operation and Lithium Joint Venture. The Nova Ni-Cu-Co Operation is located approximately 160 kilometers (kms) east-northeast of Norseman, 360 kms southeast of Kalgoorlie and 380 kms from the Port of Esperance in Western Australia. It produced approximately 30,436 tons of nickel, 13,772 tons of copper, and 1,142 tons of cobalt. The Company’s joint venture, Lithium Joint Venture, focused on developing and operating lithium assets in Western Australia. Lithium Joint Venture comprise of the Greenbushes Lithium Mine, which is located approximately 250 kms south of Perth, Western Australia.