IGO Ltd ADR IIDDY

Morningstar Rating
$9.41 −2.18 (18.81%)
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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|<K#tQ premium.
Price
$9.41
Fair Value
LOCK|>!$Jcd
Uncertainty
LOCK|Br&
1-Star Price
LOCK|.StsWJ>?
5-Star Price
LOCK|db@wq
Economic Moat
LOCK|#&>C
Capital Allocation

Trading Information

Previous Close Price
$11.59
Day Range
$9.419.41
52-Week Range
$6.1111.59
Bid/Ask
$9.22 / $11.71
Shares Outstanding
378.63M
Market Cap
$3.56B
Volume/Avg
100 / 1,463

Key Statistics

Price/Earnings (Normalized)
Price/Sales
12.93
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

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 Value
Total Number of Employees
155

Competitors

Valuation

Metric
IIDDY
ALB
MIN
Price/Earnings (Normalized)
56.0631.58
Price/Book Value
2.581.923.40
Price/Sales
12.932.822.48
Price/Cash Flow
70.8912.6111.96
Price/Earnings
IIDDY
ALB
MIN

Financial Strength

Metric
IIDDY
ALB
MIN
Quick Ratio
3.211.250.91
Current Ratio
4.032.091.56
Interest Coverage
−19.681.991.41
Quick Ratio
IIDDY
ALB
MIN

Profitability

Metric
IIDDY
ALB
MIN
Return on Assets (Normalized)
−11.25%4.50%1.39%
Return on Equity (Normalized)
−12.50%9.52%4.91%
Return on Invested Capital (Normalized)
−12.41%6.65%0.36%
Return on Assets
IIDDY
ALB
MIN

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