Independence Group (OTCMKTS:IPGDF) Rating Increased to Neutral at JPMorgan Chase & Co.

Independence Group (OTCMKTS:IPGDF) was upgraded by JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research note issued to investors on Tuesday, The Fly reports.

Independence Group Company Profile

Independence Group NL operates as a mining and exploration company in Australia. It operates through Nova Operation and Tropicana Operation segments. The company owns a 100% interest in the Nova project, which produces nickel, copper, and cobalt concentrates located to the east-northeast of Norseman; and 30% interest in the Tropicana gold mine covering 3,600 square kilometers of tenements located to the east northeast of Kalgoorlie.

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