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IGO Ltd ADR IIDDY

Morningstar Rating
$9.19 −1.29 (12.31%)
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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 29% discount.
Price
$9.16
Fair Value
$83.60
Uncertainty
Very High
1-Star Price
$38.66
5-Star Price
$9.50
Economic Moat
Yfymz
Capital Allocation
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Trading Information

Previous Close Price
$10.48
Day Range
$9.199.19
52-Week Range
$8.7720.54
Bid/Ask
$9.02 / $10.22
Market Cap
$3.48 Bil
Volume/Avg
100 / 1,691

Key Statistics

Price/Earnings (Normalized)
9.36
Price/Sales
5.75
Dividend Yield (Trailing)
7.67%
Dividend Yield (Forward)
7.67%
Total Yield
7.67%

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

Comparables

Valuation

Metric
IIDDY
CMM
MCR
Price/Earnings (Normalized)
9.3622.32
Price/Book Value
1.426.187.16
Price/Sales
5.755.339.02
Price/Cash Flow
3.6811.33
Price/Earnings
IIDDY
CMM
MCR

Financial Strength

Metric
IIDDY
CMM
MCR
Quick Ratio
2.533.340.76
Current Ratio
4.203.780.77
Interest Coverage
8.131.21
Quick Ratio
IIDDY
CMM
MCR

Profitability

Metric
IIDDY
CMM
MCR
Return on Assets (Normalized)
29.40%3.93%
Return on Equity (Normalized)
36.33%7.57%
Return on Invested Capital (Normalized)
32.75%26.93%
Return on Assets
IIDDY
CMM
MCR
See how this stock stacks up to its competitors with Morningstar Investor

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