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IGO

IGO ASX:IGO Stock Report

Last Price

AU$15.53

Market Cap

AU$11.8b

7D

-3.0%

1Y

49.9%

Updated

07 Dec, 2022

Data

Company Financials +
IGO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends0/6

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 Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IGO
Historical stock prices
Current Share PriceAU$15.53
52 Week HighAU$17.32
52 Week LowAU$9.23
Beta0.93
1 Month Change-0.89%
3 Month Change8.53%
1 Year Change49.90%
3 Year Change151.70%
5 Year Change262.85%
Change since IPO5,651.85%

Recent News & Updates

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

Recent updates

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?

A Look At The Fair Value Of IGO Limited (ASX:IGO)

May 03
A Look At The Fair Value Of IGO Limited (ASX:IGO)

Here's What IGO Limited's (ASX:IGO) Shareholder Ownership Structure Looks Like

Mar 02
Here's What IGO Limited's (ASX:IGO) Shareholder Ownership Structure Looks Like

Did You Participate In Any Of IGO's (ASX:IGO) Fantastic 161% Return ?

Feb 12
Did You Participate In Any Of IGO's (ASX:IGO) Fantastic 161% Return ?

Revenue Beat: IGO Limited Exceeded Revenue Forecasts By 5.8% And Analysts Are Updating Their Estimates

Jan 30
Revenue Beat: IGO Limited Exceeded Revenue Forecasts By 5.8% And Analysts Are Updating Their Estimates

What We Learned About IGO's (ASX:IGO) CEO Pay

Jan 27
What We Learned About IGO's (ASX:IGO) CEO Pay

Read This Before Buying IGO Limited (ASX:IGO) For Its Dividend

Jan 15
Read This Before Buying IGO Limited (ASX:IGO) For Its Dividend

Is There More To The Story Than IGO's (ASX:IGO) Earnings Growth?

Jan 03
Is There More To The Story Than IGO's (ASX:IGO) Earnings Growth?

Insider Buying: The IGO Limited (ASX:IGO) Independent Non-Executive Director Just Bought AU$256k Worth Of Shares

Dec 23
Insider Buying: The IGO Limited (ASX:IGO) Independent Non-Executive Director Just Bought AU$256k Worth Of Shares

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

Dec 17
Calculating The Intrinsic Value Of IGO Limited (ASX:IGO)

Has IGO Limited's (ASX:IGO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Dec 06
Has IGO Limited's (ASX:IGO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

What Kind Of Shareholders Hold The Majority In IGO Limited's (ASX:IGO) Shares?

Nov 26
What Kind Of Shareholders Hold The Majority In IGO Limited's (ASX:IGO) Shares?

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

Nov 17
With EPS Growth And More, IGO (ASX:IGO) Is Interesting

IGO Limited's (ASX:IGO) Shares May Have Run Too Fast Too Soon

Sep 16
IGO Limited's (ASX:IGO) Shares May Have Run Too Fast Too Soon

Three Days Left To Buy IGO Limited (ASX:IGO) Before The Ex-Dividend Date

Sep 06
Three Days Left To Buy IGO Limited (ASX:IGO) Before The Ex-Dividend Date

IGO Limited's (ASX:IGO) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Sep 03
IGO Limited's (ASX:IGO) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Shareholder Returns

IGOAU Metals and MiningAU Market
7D-3.0%0.5%-1.8%
1Y49.9%11.4%-4.7%

Return vs Industry: IGO exceeded the Australian Metals and Mining industry which returned 11.4% over the past year.

Return vs Market: IGO exceeded the Australian Market which returned -4.7% over the past year.

Price Volatility

Is IGO's price volatile compared to industry and market?
IGO volatility
IGO Average Weekly Movement6.5%
Metals and Mining Industry Average Movement11.0%
Market Average Movement8.9%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market4.1%

Stable Share Price: IGO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2000n/aMatt Duscihttps://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$11.76b
Earnings (TTM)AU$330.90m
Revenue (TTM)AU$902.80m

35.5x

P/E Ratio

13.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IGO income statement (TTM)
RevenueAU$902.80m
Cost of RevenueAU$207.90m
Gross ProfitAU$694.90m
Other ExpensesAU$364.00m
EarningsAU$330.90m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin76.97%
Net Profit Margin36.65%
Debt/Equity Ratio25.9%

How did IGO perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

23%

Payout Ratio