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IGO ASX:IGO Stock Report

Last Price

AU$6.98

Market Cap

AU$5.5b

7D

0.3%

1Y

-48.0%

Updated

20 Feb, 2024

Data

Company Financials +

IGO Stock Overview

IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia.

IGO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends5/6

IGO Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IGO
Historical stock prices
Current Share PriceAU$6.98
52 Week HighAU$16.12
52 Week LowAU$6.75
Beta0.78
1 Month Change-3.06%
3 Month Change-21.92%
1 Year Change-47.99%
3 Year Change-4.38%
5 Year Change42.16%
Change since IPO2,485.19%

Recent News & Updates

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Jan 30
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Recent updates

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Jan 30
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Is IGO (ASX:IGO) A Risky Investment?

Nov 10
Is IGO (ASX:IGO) A Risky Investment?

Is IGO Limited (ASX:IGO) Trading At A 36% Discount?

Oct 10
Is IGO Limited (ASX:IGO) Trading At A 36% Discount?

IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02
IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Do IGO's (ASX:IGO) Earnings Warrant Your Attention?

Jun 17
Do IGO's (ASX:IGO) Earnings Warrant Your Attention?

An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued

Jun 02
An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued

IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Apr 18
IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Here's Why We Think IGO (ASX:IGO) Might Deserve Your Attention Today

Dec 04
Here's Why We Think IGO (ASX:IGO) Might Deserve Your Attention Today

IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Nov 06
IGO (ASX:IGO) Has A Rock Solid Balance Sheet

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 53% Above Its Share Price

Oct 08
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 53% Above Its Share Price

Here's Why IGO (ASX:IGO) Has Caught The Eye Of Investors

Sep 04
Here's Why IGO (ASX:IGO) Has Caught The Eye Of Investors

Calculating The Fair Value Of IGO Limited (ASX:IGO)

Jul 07
Calculating The Fair Value Of IGO Limited (ASX:IGO)

Here's Why I Think IGO (ASX:IGO) Might Deserve Your Attention Today

Jun 01
Here's Why I Think IGO (ASX:IGO) Might Deserve Your Attention Today

With EPS Growth And More, IGO (ASX:IGO) Is Interesting

Feb 15
With EPS Growth And More, IGO (ASX:IGO) Is Interesting

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 27% Above Its Share Price

Nov 21
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 27% Above Its Share Price

Should You Be Adding IGO (ASX:IGO) To Your Watchlist Today?

Nov 06
Should You Be Adding IGO (ASX:IGO) To Your Watchlist Today?

Shareholder Returns

IGOAU Metals and MiningAU Market
7D0.3%-0.9%0.8%
1Y-48.0%-8.9%4.3%

Return vs Industry: IGO underperformed the Australian Metals and Mining industry which returned -8.9% over the past year.

Return vs Market: IGO underperformed the Australian Market which returned 4.3% over the past year.

Price Volatility

Is IGO's price volatile compared to industry and market?
IGO volatility
IGO Average Weekly Movement7.5%
Metals and Mining Industry Average Movement11.4%
Market Average Movement8.5%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.2%

Stable Share Price: IGO's share price has been volatile over the past 3 months.

Volatility Over Time: IGO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000n/aIvan Vellahttps://www.igo.com.au

IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located to the east northeast of Norseman in the Great Western Woodlands of Western Australia; a 100% interest in the Cosmos nickel operation located to the north of Leinster in Western Australia; and a 100% interest in the Forrestania nickel operation located to the east of Perth in Western Australia. The company also focuses on investing in lithium mines, as well as holds 100% interest in the downstream processing refinery at Kwinana in Western Australia to produce battery grade lithium hydroxide.

IGO Limited Fundamentals Summary

How do IGO's earnings and revenue compare to its market cap?
IGO fundamental statistics
Market capAU$5.48b
Earnings (TTM)AU$549.10m
Revenue (TTM)AU$1.02b

9.6x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGO income statement (TTM)
RevenueAU$1.02b
Cost of RevenueAU$346.50m
Gross ProfitAU$677.40m
Other ExpensesAU$128.30m
EarningsAU$549.10m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Feb 22, 2024

Earnings per share (EPS)0.73
Gross Margin66.16%
Net Profit Margin53.63%
Debt/Equity Ratio9.4%

How did IGO perform over the long term?

See historical performance and comparison

Dividends

12.6%

Current Dividend Yield

80%

Payout Ratio
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