IGO Ltd IGO
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- A$7.78
- Day Range
- A$7.84–8.02
- 52-Week Range
- A$6.75–16.12
- Bid/Ask
- A$7.91 / A$7.96
- Market Cap
- A$6.00 Bil
- Volume/Avg
- 3.6 Mil / 6.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 10.71
- Price/Sales
- 6.57
- Dividend Yield (Trailing)
- 6.94%
- Dividend Yield (Forward)
- 6.94%
- Total Yield
- 6.94%
Company Profile
IGO Ltd is engaged in nickel, copper and cobalt mining and processing at the Nova Operation, upstream and downstream lithium assets via its 49% joint venture interest, and ongoing mineral exploration in Australia and overseas. The company’s segments include the Nova Operation, Forrestania Operation, Cosmos Project, Lithium Business, and Growth, which comprises Regional Exploration Activities and Project Evaluation. It operates in one geographic segment Australia. The company derives the majority of its revenue from Nova Operation.
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Stock Style Box
- Mid Value
- Total Number of Employees
- 155
- Website
- https://www.igo.com.au
Comparables
Valuation
|
Metric
|
IGO
|
CMM
|
MCR
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.71 | 21.08 | — |
Price/Book Value | 1.67 | 5.84 | 7.16 |
Price/Sales | 6.57 | 5.03 | 9.02 |
Price/Cash Flow | 4.21 | — | — |
Price/Earnings
IGO
CMM
MCR
Financial Strength
|
Metric
|
IGO
|
CMM
|
MCR
|
|---|---|---|---|
Quick Ratio | 2.53 | 3.34 | 0.76 |
Current Ratio | 4.20 | 3.78 | 0.77 |
Interest Coverage | 8.13 | — | — |
Quick Ratio
IGO
CMM
MCR
Profitability
|
Metric
|
IGO
|
CMM
|
MCR
|
|---|---|---|---|
Return on Assets (Normalized) | 29.40% | — | — |
Return on Equity (Normalized) | 36.33% | — | — |
Return on Invested Capital (Normalized) | 32.75% | — | — |
Return on Assets
IGO
CMM
MCR
Other Industrial Metals & Mining Industry Comparables
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Name
|
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|
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