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IGO - IGO Share Price

A$4.57 -0.0  -0.7%

Last Trade - 7:10am

Sector
Basic Materials
Size
Mid Cap
Market Cap £1.53bn
Enterprise Value £1.24bn
Revenue £500.9m
Position in Universe 150th / 1828
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +1.96%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -35.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
495.3 413.2 421.9 777.9 784.5 888.9 833.1 869.9 +12.4%
+49.0 -96.1 +378 +39.5 +41.2 +113.7 -16.4 +25.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 30 June 2020, IGO Ltd revenues increased 13% to A$888.9M. Net income increased from A$76.1M to A$155.1M. Revenues reflect Nova Operation segment increase of 18% to A$593.3M, Tropicana Operations segment increase of 4% to A$290.1M. Net income benefited from FV Adjustments of Financial Investments increase from A$6.9M (expense) to A$33.2M (income), Interest Exp-Net of Capitalized Interest decrease of 59% to A$1.8M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for IGO
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
IGO EPS Forecasts Unlock IGO Revenue
Profile Summary

IGO Limited, formerly Independence Group NL, is an Australia-based exploration and mining company. The Company’s segments include The Nova Operation, the Tropicana Operation and Growth, which comprises regional exploration activities and project evaluation. The Nova Operation produces nickel and copper concentrates. The Tropicana Operation represents the Company’s joint venture interest in the Tropicana Gold Mine. The Company is engaged in nickel, copper and cobalt mining and processing at the Nova Operation and non-operator gold mining in the Tropicana Operation. The Nova Operation is located in the Fraser Range, approximately 140 kilometer (km) east-northeast of Norseman, 360km southeast of Kalgoorlie and 380km from the port of Esperance in Western Australia. The Tropicana Operation is located 330km east northeast of Kalgoorlie. The Company’s exploration projects are located in Western Australia, South Australia, the Northern Territory and Greenland.

Directors
Last Annual June 30th, 2020
Last Interim June 30th, 2020
Incorporated May 10, 2000
Public Since June 17, 2002
No. of Shareholders: 8,919
No. of Employees: 244
Sector Basic Materials
Industry Metals & Mining
Index S&P/ASX All Ordinaries , S&P/ASX 200 , S&P/ASX 300 , ASX Small Ordinaries ,
Exchange Australian Stock Exchange - SEATS
Shares in Issue 590,797,034
Free Float (0.0%)
Eligible for
ISAs
SIPPs
IGO Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for IGO
Upcoming Events for IGO
Wednesday 28th October, 2020
IGO Ltd September 2020 Quarterly Activities Report
Wednesday 28th October, 2020
IGO Ltd September 2020 Quarterly Activities Report Call
Wednesday 18th November, 2020
IGO Ltd Annual Shareholders Meeting
Frequently Asked Questions for IGO
What is the IGO share price?

As of 7:10am, shares in IGO are trading at A$4.57, giving the company a market capitalisation of £1.53bn. This share price information is delayed by 15 minutes.

How has the IGO share price performed this year?

Shares in IGO are currently trading at A$4.57 and the price has moved by -28.24% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the IGO price has moved by -19.7% over the past year.

What are the analyst and broker recommendations for IGO?

Of the analysts with advisory recommendations for IGO, there are there are currently 2 "buy" , 5 "hold" and 1 "sell" recommendations. The overall consensus recommendation for IGO is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will IGO next release its financial results?

IGO is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the IGO dividend yield?

The IGO dividend yield is 2.39% based on the trailing twelve month period.

Does IGO pay a dividend?

Last year, IGO paid a total dividend of 0.11, and it currently has a trailing dividend yield of 2.39%. Looking ahead, IGO has not announced an ex-dividend date yet and the next dividend pay date is 2020-09-25.

When does IGO next pay dividends?

IGO has yet to annouce their ex-dividend date and the next dividend pay date is 2020-09-25. The historic dividend yield on IGO shares is currently 2.39%.

How do I buy IGO shares?

To buy shares in IGO you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of IGO?

Shares in IGO are currently trading at A$4.57, giving the company a market capitalisation of £1.53bn.

Where are IGO shares listed? Where are IGO shares listed?

Here are the trading details for IGO:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: IGO
What kind of share is IGO?

Based on an overall assessment of its quality, value and momentum, IGO is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a IGO share price forecast 2020?

Shares in IGO are currently priced at A$4.57. At that level they are trading at 9.3% discount to the analyst consensus target price of 0.00.

Analysts covering IGO currently have a consensus Earnings Per Share (EPS) forecast of 0.218 for the next financial year.

How can I tell whether the IGO share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like IGO. Over the past six months, the relative strength of its shares against the market has been -6%. At the current price of A$4.57, shares in IGO are trading at -10.7% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the IGO PE Ratio?

The IGO PE ratio based on its reported earnings over the past 12 months is 17.65. The shares are currently trading at A$4.57.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of IGO?

IGO's management team is headed by:

Peter Bilbe - NEC
Scott Steinkrug - CFO
Andrew Eddowes - OTH
Peter Bradford - CEO
Peter Buck - NID
Matt Dusci - COO
Sam Retallack - OTH
Joanne McDonald - SEC
Neil Warburton - NED
Keith Ashby - OTH
Debra Bakker - NID
Kate Barker - GCN
Ian Sandl - GMG
Kathleen Bozanic - NID
Who are the major shareholders of IGO?

Here are the top five shareholders of IGO based on the size of their shareholding:

Creasy (Mark Gareth) Individual Investor
Percentage owned: 15.39% (90.9m shares)
T. Rowe Price Associates, Inc. Investment Advisor
Percentage owned: 7.69% (45.4m shares)
FIL Investment Management (Australia) Limited Investment Advisor
Percentage owned: 6.53% (38.6m shares)
Yandal Investments Pty. Ltd. Corporation
Percentage owned: 6.01% (35.5m shares)
Ausbil Investment Management Limited Investment Advisor
Percentage owned: 4.88% (28.8m shares)
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