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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
IGO Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$7.91 |
| 52 Week High | AU$16.12 |
| 52 Week Low | AU$6.76 |
| Beta | 0.77 |
| 1 Month Change | 9.56% |
| 3 Month Change | 12.92% |
| 1 Year Change | -46.19% |
| 3 Year Change | 2.59% |
| 5 Year Change | 73.85% |
| Change since IPO | 85.90% |
Recent News & Updates
Recent updates
Shareholder Returns
| IGO | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 1.0% | 0.002% | 0.5% |
| 1Y | -46.2% | -3.6% | 6.2% |
Return vs Industry: IGO underperformed the Australian Metals and Mining industry which returned -3.6% over the past year.
Return vs Market: IGO underperformed the Australian Market which returned 6.2% over the past year.
Price Volatility
| IGO volatility | |
|---|---|
| IGO Average Weekly Movement | 6.3% |
| Metals and Mining Industry Average Movement | 12.5% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in AU Market | 17.6% |
| 10% least volatile stocks in AU Market | 3.5% |
Stable Share Price: IGO has not had significant price volatility in the past 3 months.
Volatility Over Time: IGO's weekly volatility (6%) 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 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
| IGO fundamental statistics | |
|---|---|
| Market cap | AU$6.00b |
| Earnings (TTM) | AU$225.10m |
| Revenue (TTM) | AU$920.40m |
26.4x
P/E Ratio6.5x
P/S RatioIs IGO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IGO income statement (TTM) | |
|---|---|
| Revenue | AU$920.40m |
| Cost of Revenue | AU$402.60m |
| Gross Profit | AU$517.80m |
| Other Expenses | AU$292.70m |
| Earnings | AU$225.10m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Jul 30, 2024
| Earnings per share (EPS) | 0.30 |
| Gross Margin | 56.26% |
| Net Profit Margin | 24.46% |
| Debt/Equity Ratio | 0% |
How did IGO perform over the long term?
See historical performance and comparison