IGO Share Price and Company Fundamentals



Price
$8.93
Change
0.090 (1.018%)
52 week
4.028378 - 9.13

Last traded: Today at 6:10 AM

IGO Limited operates as an exploration and mining company focusing on discovering, developing, and operating assets focused on metals to enabling clean energy in Australia. The company owns 100% interest in the Nova nickel-copper-cobalt operation located to the east-northeast of Norseman. It also engages in the exploration of nickel and copper projects located in Western Australia, Northern Territory, and South Australia, as well as Greenland. The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020. IGO Limited was founded in 2000 and is headquartered in Perth, Australia.

Key Metrics

PE ratio

49.07

PB ratio

2.51

Dividend yield

0.57%

Beta

1.07

Market cap

$6.76B

Enterprise value

$5.32B

Company profile

Primary activitiesNickel, Gold and Copper-Zinc-Silver mining, development and exploration company
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://www.igo.com.au
Mailing addressSouth Shore Centre Suite 4, Level 5 85 South Perth Esplanade South Perth Perth WA 6151 Australia
Phone / Fax61 8 9238 8300 / 61 8 9238 8399
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: IGO Dividend history, yield and payout ratio

Dividend yield

0.57%

Dividend amount

$0.05

Payout ratio

60.10%

5Y Avg. yield

1.16%

IGO paid $0.05 dividend and the ex-dividend date was 10 Sept 2020.The dividend payout ratio is 60.10%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.IGO dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

IGO's forward dividend amount is $0.1 and the forward dividend yield is 1.11%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2021, following are the company executives and directors listed on IGO.

NameTitleAgeTotal Pay
Mr. Peter J. L. Bradford BAppSc, FAusIMM, MSMME, MAICMD, CEO & Exec. Director611.24M
Mr. Scott Steinkrug C.A. B.Comm, BSc.Joint Company Sec. & CFO574.39k
Mr. Matt Dusci MAIGChief Operating Officer857.11k
Ms. Kate BarkerGen. Counsel427.67k
Mr. Andrew Eddowes B.Sc.Head of Corp. Devel.458.34k
Ms. Sam Retallack B.Health Sc, CAHRI, DipAppScienceHead of People & Culture454.51k
Mr. Keith Ashby B.Sc., M.A.I.C.D., M.Sc.Head of Safety, Health, Environment, Quality (SHEQ) & Risk455.42k
Mr. Ian Sandl B.Sc.Gen. Mang. of Exploration468.32k
Ms. Joanne McDonald M.Sc., MPA, ACISCompany Sec. & Head of Corp. Affairs418.18k
Richard GlassInvestor Relations & Communications Mang.

Profitability and management effectiveness

Profit margin

12.45%

Operating margin

19.15%

Return on assets

4.02%

Return on equity

4.80%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of IGO is 6.76B and its enterprise value is 5.32B. The enterprise value to revenue ratio of IGO is 6.07.

The IGO's stocks Beta value is 1.07 making it 7% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to IGO (IGO)

IGO (ASX:IGO) Frequently Asked Questions

1. What is IGO's Stock Symbol?

IGO trades on ASX under the ticker symbol "IGO".

2. What is IGO's stock price today?

One share of IGO stock can currently be purchased for approximately $8.93.

3. How can I contact IGO?

IGO's mailing address is South Shore Centre Suite 4, Level 5 85 South Perth Esplanade South Perth Perth WA 6151 Australia. The company can be reached via phone at 61 8 9238 8300.

4. What is IGO's official website?

The official website of IGO is http://www.igo.com.au.

5. Which share registry manages IGO's stock?

IGO's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.