IGO Share Price and Company Fundamentals



Price
$13.59
Change
-1.110 (-7.551%)
52 week
8.33 - 15.26

Last traded: Today at 6:10 AM

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. In addition, it owns and operates various projects, including Fraser Range, Kimberley, Paterson, Copper Coast, Frontier, Raptor, and Western Gawler projects. The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020. IGO Limited was incorporated in 2000 and is headquartered in Perth, Australia.

Key Metrics

PE ratio

33.76

PB ratio

3.24

Dividend yield

0.68%

Beta

1.09

Market cap

-

Enterprise value

-

Company profile

Primary activitiesNickel, Copper, Cobalt and Lithium mining, development and exploration company
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://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

0.68%

Dividend amount

$0.10

Payout ratio

34.45%

5Y Avg. yield

1.22%

IGO paid $0.10 dividend and the ex-dividend date was 15 Sept 2022.The dividend payout ratio is 34.45%. 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 0.74%. 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 Sep 2022, following are the company executives and directors listed on IGO.

NameTitleAgeTotal Pay
Mr. Peter J. L. Bradford BAppSc, FAusIMM, MSMME, MAICMD, CEO & Exec. Director621.65M
Mr. Scott Steinkrug B.Com., B.Sc., BSc., C.A. B.Comm, F.C.A.Chief Financial Officer713.48k
Mr. Matt Dusci MAIGChief Operating Officer1.04M
Ms. Kate Barker B.A., L.L.B.Chief Legal Officer593.83k
Ms. Sam Retallack B.Health Sc, CAHRI, DipAppScienceChief People Officer534.15k
Richard GlassInvestor Relations & Communications Mang.

Profitability and management effectiveness

Profit margin

36.65%

Operating margin

39.04%

Return on assets

5.21%

Return on equity

9.97%

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 and its enterprise value is .

The IGO's stocks Beta value is 1.09 making it 9% 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 $13.59.

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 https://www.igo.com.au.

5. Which share registry manages IGO's stock?

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