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Independence says the money will go towards the Tropicana gold project joint venture.

Independence Group raises $118m

Independence Group has completed a $118 million capital raising to fund construction and development at its part-owned Tropicana gold project.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
14thPaladin Energy326%-14%
24thOM Holdings221%35%
123rdNorthern Star Resources70%61%
208thIndependence Group36%5%
214thSandfire Resources34%6%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

05/09/18
$20k Bought
16/07/18
$559k Issued
16/07/18
$559k Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

6th↑OM Holdings$996.7m
7th↓Northern Star Resources$965.3m
8th↑Independence Group$780.1m
9th↑Paladin Energy$756.2m
10th↓Sandfire Resources$615.7m
510 listed resources companies ranked by revenue.
Source: Morningstar

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