IGO Ltd ADR IIDDY

Morningstar Rating
$10.18 +0.77 (8.18%)
View Full Chart

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.

Price vs Fair Value

IIDDY is trading at a LOCK|s@X%hH premium.
Price
$10.18
Fair Value
LOCK|KKG$H$
Uncertainty
LOCK|HD
1-Star Price
LOCK|.cg!B?q
5-Star Price
LOCK|^$&Hlr#
Economic Moat
LOCK|?p@G
Capital Allocation
—

Trading Information

Previous Close Price
$9.41
Day Range
$10.18–10.18
52-Week Range
$6.40–11.59
Bid/Ask
$6.47 / $15.89
Shares Outstanding
378.63M
Market Cap
$3.85B
Volume/Avg
1,043 / 1,294

Key Statistics

Price/Earnings (Normalized)
64.31
Price/Sales
12.77
Dividend Yield (Trailing)
0.68%
Dividend Yield (Forward)
0.68%
Dividend Payment Schedule
—
Total Yield
0.68%

Company Profile

IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium and Albemarle. Greenbushes is the world’s lowest-cost hard rock lithium resource. IGO also has an interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Mid Core
Total Number of Employees
155

Competitors

Valuation

Metric
IIDDY
ALB
MIN
Price/Earnings (Normalized)
64.3117.5713.23
Price/Book Value
2.501.542.31
Price/Sales
12.772.261.57
Price/Cash Flow
43.2810.104.86
Price/Earnings
IIDDY
ALB
MIN

Financial Strength

Metric
IIDDY
ALB
MIN
Quick Ratio
4.771.251.26
Current Ratio
5.462.091.61
Interest Coverage
15.961.992.88
Quick Ratio
IIDDY
ALB
MIN

Profitability

Metric
IIDDY
ALB
MIN
Return on Assets (Normalized)
4.61%5.06%6.71%
Return on Equity (Normalized)
5.12%10.70%21.82%
Return on Invested Capital (Normalized)
4.89%7.34%8.04%
Return on Assets
IIDDY
ALB
MIN

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