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Investment Performance Case Study

Southern Cross Gold Ltd

Welcome to the Investment Performance Case Study of Southern Cross Gold Ltd, which follows our clients' journeys of investing in Southern Cross Gold Ltd between 16th May, 2022 and 19th Dec, 2024, during which the recorded share price produced a gain of 1,625%.

ASX:SX2

Introduction

Southern Cross Gold is engaged in gold exploration, focusing on projects in Australia.

Southern Cross Gold Ltd Hero Image

The Southern Cross Gold Ltd Investment Case

Southern Cross Gold is an Australian mineral exploration company focused on gold and associated mineral systems. The company entered the public market as an exploration-stage business, with subsequent investor interest influenced by the development and interpretation of its exploration portfolio.

The Transaction

Southern Cross Gold commenced trading on the Australian Securities Exchange on 16 May 2022 following an initial public offering at A$0.20 per share.

Investment Outcome

By 19 December 2024, the study records a share price of A$3.45. This represents an increase of approximately 1,625% against the A$0.20 entry price, illustrating the substantial revaluation that can occur when an early-stage exploration company makes progress in establishing the potential significance of its mineral assets.

  • Event: Initial Public Offering
  • Exchange: Australian Securities Exchange
  • Study Period: 16 May 2022 – 19 December 2024
  • Entry Price: A$0.20
  • Outcome Price: A$3.45
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