IGO Stock Overview
Operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
IGO Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$4.80 |
| 52 Week High | AU$9.25 |
| 52 Week Low | AU$4.71 |
| Beta | 0.77 |
| 1 Month Change | -3.23% |
| 3 Month Change | -4.00% |
| 1 Year Change | -46.55% |
| 3 Year Change | -57.71% |
| 5 Year Change | -26.49% |
| Change since IPO | 1,677.78% |
Recent News & Updates
Recent updates
IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26
Sep 03
IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next
Aug 30The IGO Limited (ASX:IGO) Analysts Have Been Trimming Their Sales Forecasts
Aug 02IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price
Jan 30Is IGO (ASX:IGO) A Risky Investment?
Nov 10Is IGO Limited (ASX:IGO) Trading At A 36% Discount?
Oct 10IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02Do IGO's (ASX:IGO) Earnings Warrant Your Attention?
Jun 17An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued
Jun 02IGO (ASX:IGO) Has A Rock Solid Balance Sheet
Apr 18Here's Why We Think IGO (ASX:IGO) Might Deserve Your Attention Today
Dec 04IGO (ASX:IGO) Has A Rock Solid Balance Sheet
Nov 06IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 53% Above Its Share Price
Oct 08Here's Why IGO (ASX:IGO) Has Caught The Eye Of Investors
Sep 04Shareholder Returns
| IGO | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -5.0% | -5.2% | -2.7% |
| 1Y | -46.5% | -19.5% | 6.5% |
Return vs Industry: IGO underperformed the Australian Metals and Mining industry which returned -19.5% over the past year.
Return vs Market: IGO underperformed the Australian Market which returned 6.5% over the past year.
Price Volatility
| IGO volatility | |
|---|---|
| IGO Average Weekly Movement | 4.9% |
| Metals and Mining Industry Average Movement | 10.6% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 16.8% |
| 10% least volatile stocks in AU Market | 3.1% |
Stable Share Price: IGO has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: IGO's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | n/a | Ivan Vella | 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 explores for nickel, lithium, copper, and cobalt. The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020.
IGO Limited Fundamentals Summary
| IGO fundamental statistics | |
|---|---|
| Market cap | AU$3.63b |
| Earnings (TTM) | AU$2.80m |
| Revenue (TTM) | AU$841.30m |
1,296x
P/E Ratio4.3x
P/S RatioIs IGO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IGO income statement (TTM) | |
|---|---|
| Revenue | AU$841.30m |
| Cost of Revenue | AU$469.00m |
| Gross Profit | AU$372.30m |
| Other Expenses | AU$369.50m |
| Earnings | AU$2.80m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Jan 29, 2025
| Earnings per share (EPS) | 0.0037 |
| Gross Margin | 44.25% |
| Net Profit Margin | 0.33% |
| Debt/Equity Ratio | 0% |
How did IGO perform over the long term?
See historical performance and comparisonDividends
7.7%
Current Dividend Yield10,008%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 04:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
IGO Limited is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Daniel Morgan | Barrenjoey Markets Pty Limited |
| Mollie Urquhart | Barrenjoey Markets Pty Limited |