Independence Group NL operates in the Copper ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Independence Group NL with three other
companies in this sector in Australia:
Western Areas Ltd
(2017
sales of 213.92 million Australian Dollars [US$166.09 million]
of which 100%
was Mineral Exploration),
Finders Resources Ltd
(209.60 million Australian Dollars [US$162.73 million]
of which 100%
was Copper Mining), and
Aeris Resources Ltd
(168.10 million Australian Dollars [US$130.51 million]
).
Sales Analysis.
Independence Group NL reported sales of A$421.93 million (US$327.58 million)
for the
fiscal
year ending
June of 2017.
This
represents
an
increase of 2.1%
versus 2016, when the company's sales were A$413.19 million.
Despite this increase, sales are still
well
below the level achieved in 2015, when Independence Group NL
reported sales of A$495.33 million.
Sales of Long Operation saw an increase
that was more than double the company's growth rate: sales were up
9.6% in 2017, from
A$63.80 million to A$69.91 million.
Independence Group NL also saw significant increases in sales in
Jaguar Operation (up 3.4% to A$137.35 million)
.
Not all segments of Independence Group NL experienced an increase in sales in 2017:
sales of Tropicana Operations fell 1.4% to A$211.92 million.