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IGO ASX:IGO Stock Report

Last Price

AU$5.06

Market Cap

AU$4.1b

7D

-4.0%

1Y

-45.9%

Updated

06 Nov, 2024

Data

Company Financials +

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.

IGO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends4/6

IGO Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IGO
Historical stock prices
Current Share PriceAU$5.06
52 Week HighAU$9.63
52 Week LowAU$4.71
Beta0.74
11 Month Change-12.91%
3 Month Change-0.59%
1 Year Change-45.94%
33 Year Change-45.47%
5 Year Change-18.91%
Change since IPO1,774.07%

Recent News & Updates

IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26

Sep 03
IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26

Recent updates

IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26

Sep 03
IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26

IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next

Aug 30
IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next

The IGO Limited (ASX:IGO) Analysts Have Been Trimming Their Sales Forecasts

Aug 02
The IGO Limited (ASX:IGO) Analysts Have Been Trimming Their Sales Forecasts

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

Shareholder Returns

IGOAU Metals and MiningAU Market
7D-4.0%-1.3%-1.4%
1Y-45.9%-4.3%16.2%

Return vs Industry: IGO underperformed the Australian Metals and Mining industry which returned -4.3% over the past year.

Return vs Market: IGO underperformed the Australian Market which returned 16.2% over the past year.

Price Volatility

Is IGO's price volatile compared to industry and market?
IGO volatility
IGO Average Weekly Movement5.8%
Metals and Mining Industry Average Movement11.1%
Market Average Movement8.5%
10% most volatile stocks in AU Market17.4%
10% least volatile stocks in AU Market3.5%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000n/aIvan Vellawww.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

How do IGO's earnings and revenue compare to its market cap?
IGO fundamental statistics
Market capAU$4.05b
Earnings (TTM)AU$2.80m
Revenue (TTM)AU$841.30m

1,367x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGO income statement (TTM)
RevenueAU$841.30m
Cost of RevenueAU$469.00m
Gross ProfitAU$372.30m
Other ExpensesAU$369.50m
EarningsAU$2.80m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Jan 29, 2025

Earnings per share (EPS)0.0037
Gross Margin44.25%
Net Profit Margin0.33%
Debt/Equity Ratio0%

How did IGO perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

10,008%

Payout Ratio