Independence Group shares jump following update

Company News

by Anna Napoli

Mining and exploration company Independence Group (ASX:IGO) shares rose over 4 per cent in the first two hours of trade today catapulting it forth as one of the best performers.

It comes as the company released an update on their battery projects, and mines.

The company has committed $50 million dollars to discovery across its projects for the 2018 financial year .

Independence also had a solid first half with revenue jumping 59 per cent to $355 million.

Shares in Independence Group (ASX:IGO) are trading up 4.45 per cent to $4.82.
 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.