IGO Limited, together with its subsidiaries, discovers, develops, and delivers battery minerals in Australia. It operates through Nova Operation, Forrestania Operation, Cosmos Project, Lithium Business, and Growth segments. The company explores for nickel, lithium, copper, cobalt, and silver deposits. It is also involved in exploration, business development, and project evaluation activities, as well as sale of concentrates. In addition, the company offers shipping and insurance services. 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.
Research context
IGO Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
IGO Limited is currently in a long term uptrend where the price is trading 29.5% above its 200 day moving average.
From a valuation standpoint, the stock is 99.3% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 4.6.
IGO Limited's total revenue sank by 2.5% to $462M since the same quarter in the previous year.
Its net income has dropped by 45.9% to $54M since the same quarter in the previous year.
Finally, its free cash flow grew by 15.1% to $95M since the same quarter in the previous year.
Based on the above factors, IGO Limited gets an overall score of 3/5.