IGO (IGO.AX) Stock Price
IGO Price
Over the last 19 years IGO grew revenue by 3.7% annually, reaching 442.30 M AUD. Earnings per share have declined at 7.8% per year over the last 19 years. For IGO, the net margin of 32.9% is down versus 39.2% a few years ago. At today's price the dividend yield works out to roughly 5.75%. The dividend has grown at 5.5% per year over the past 18 years. The consensus 12-month price target for IGO is 7.75 AUD, about 20.1% above where the stock trades today. Of 19 analysts, 3 rate the stock a buy — an overall Hold consensus.
IGO stock price
IGO business model & stock analysis
Frequently asked questions about IGO
The business model of IGO Ltd revolves around the exploration, development, and production of mineral resources. As a mining company, IGO Ltd focuses on the extraction of base and precious metals, primarily nickel, copper, and gold. With a diversified portfolio of projects and operations in Western Australia, IGO Ltd aims to maximize the value of its mineral discoveries through efficient production and strategic investments. By adopting innovative technologies and sustainable practices, IGO Ltd strives to deliver long-term growth and create value for its shareholders in the mining industry.
IGO Ltd is primarily active in the mining and exploration industry, specifically specializing in the production and exploration of high-quality nickel, copper, and gold resources. With a strong focus on sustainable and responsible mining practices, IGO Ltd aims to deliver maximum value to its shareholders through operational excellence and resource development. As a leading player in the mining sector, IGO Ltd consistently strives to enhance its portfolio and maintain its position as a trusted and reliable resource company.
The main competitors of IGO Ltd in the market include companies such as BHP Group, Rio Tinto, and Anglo American. These companies are also prominent players in the mining and resources industry, offering similar products and services as IGO Ltd. However, IGO Ltd distinguishes itself through its strong focus on sustainable and responsible mining practices, technological innovation, and high-quality ore production. With its diverse portfolio of assets and commitment to excellence, IGO Ltd competes effectively in the market, continually striving to maintain its position as a leading player in the industry.
IGO Ltd is an Australian mining and exploration company with a rich history in the resources industry. Founded in 2002, IGO has established itself as a leading player in the production of nickel, copper, and gold. With a strong focus on sustainable mining practices, IGO has gained recognition for its commitment to environmental and social responsibility. Over the years, the company has successfully developed and operated several key projects, showcasing its expertise in mining and exploration. IGO continues to expand its portfolio and leverage its strong position in the industry to deliver value for its shareholders and stakeholders.
IGO Ltd has achieved several significant milestones since its inception. One of the notable achievements includes the successful acquisition of the Tropicana Gold Mine, a joint venture with AngloGold Ashanti Limited. This acquisition reinforced IGO Ltd's position in the gold mining sector and diversified its portfolio. Additionally, the company has made significant progress in battery mineral exploration, particularly in nickel and lithium operations. This includes the successful discovery of high-grade nickel-copper-cobalt sulfides at its Nova project. Moreover, IGO Ltd has actively focused on sustainability and resource efficiency, aiming to minimize its environmental impact. These achievements have propelled IGO Ltd as a leading player in the mining and battery mineral sectors.
IGO Ltd is primarily present in Australia.
IGO Ltd represents a strong set of values and a corporate philosophy centered around sustainability, innovation, and growth. As a leading company in the resource sector, IGO Ltd is committed to responsible mining practices and minimizing its environmental impact. They prioritize long-term sustainability and actively engage with local communities to create shared value. IGO Ltd encourages a culture of innovation to drive technological advancements in the industry and seeks to maximize opportunities for growth and value creation. With a focus on integrity, collaboration, and excellence, IGO Ltd strives to deliver long-term value for its shareholders, employees, and stakeholders.
Analysts currently set an average price target of 7.99 AUD for the IGO stock (median: 7.75 AUD), implying +23.8 % versus the latest price. The consensus is based on 19 analyst ratings.
19 analysts currently rate the IGO stock: 3 recommend buying, 9 holding and 7 selling.
Converted at the current exchange rate, the IGO share trades at 3.99 EUR (6.45 AUD).
The IGO share (IGO.AX) is listed on 7 stock exchanges, including: SIX (Zürich) (IDZ.SW), ASX (IGO.AX), Frankfurt (IDZ.F), München (IDZ.MU), Düsseldorf (IDZ.DU), Hamburg (IDZ.HM).
IGO Ltd. is a company that specializes in the development and distribution of innovative products across various business sectors. The business model is based on a wide range of products and a customer-oriented and flexible approach. IGO offers a variety of products, from electronics devices to outdoor equipment. In the electronics devices category, the offering includes products such as smartphones, tablets, and laptops. The company's strength lies in the development of affordable yet powerful devices. In the outdoor equipment category, IGO specializes in high-quality and durable products such as tents, sleeping bags, and backpacks. IGO has focused on meeting the needs of customers and therefore offers various distribution options. The company sells its products through its own online platform, which is available worldwide. Additionally, IGO provides customers with the opportunity to purchase products through distribution partners or directly through the company's website. The company offers an extensive range of payment and shipping options to enable a simple and efficient transaction. Another aspect of IGO Ltd. is the customization of products. The company offers tailored solutions for partner companies and individual customers in various industries. With years of experience in working with customers, IGO is able to provide individualized product solutions, always prioritizing quality and functionality. Data protection and sustainability are also important aspects of IGO's business model. The company places a strong emphasis on compliance with standards and legal regulations in terms of data security. Additionally, the company strives to implement and continuously improve environmentally friendly, sustainable solutions in product development. IGO is an emerging company focused on providing high-quality, affordable products, and customized solutions for customers in various business sectors. The company aims to provide customers with the best possible product and service quality, establishing itself as a trustworthy and reliable partner.
The revenue of IGO is 442.30 M AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of IGO is 145.30 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of IGO is currently 33.80. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the IGO stock.
The price-to-sales ratio (P/S) of IGO is currently 11.11. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the IGO stock.
The Eulerpool Quality Score for IGO is 1/10.
The ISIN of IGO is AU000000IGO4. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of IGO is 765651. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of IGO is IGO.AX. The ticker symbol is used to trade IGO shares on the stock exchange.
IGO stock
IGO Ticker
IGO FIGI
All fundamentals and in-depth analysis of IGO
Our stock analysis for IGO stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of IGO. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.