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IGO Ltd

IGO.AX

Latest Trade

7.13AUD

Change

0.18(+2.59%)

Volume

3,205,701

Today's Range

6.96

 - 

7.22

52 Week Range

4.03

 - 

7.76

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
6.95
Open
6.96
Volume
3,205,701
3M AVG Volume
82.88
Today's High
7.22
Today's Low
6.96
52 Week High
7.76
52 Week Low
4.03
Shares Out (MIL)
744.95
Market Cap (MIL)
5,263.01
Forward P/E
36.34
Dividend (Yield %)
1.57

Next Event

March 2021 IGO Ltd Activities Report

Latest Developments

More

IGO Signs Agreement To Sell Tropicana To Regis Resources

Gold Road Resources Notes Speculation About Potential Discussions With IGO

IGO Says Nova Nickel Production In H2 FY21 Expected To Be In Line With Guidance

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About IGO Ltd

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.

Industry

Metal Mining

Contact Info

South Shore CTR

U 4 L 5, 85 South Perth Esp

PERTH, WAS

6151

Australia

+61.8.92388300

http://www.igo.com.au/

Executive Leadership

Peter Ross Bilbe

Independent Non-Executive Chairman of the Board

Peter Bradford

Chief Executive Officer, Managing Director, Executive Director

Scott Steinkrug

Chief Financial Officer, Joint Company Secretary

Matt Dusci

Chief Operating Officer

Kate Barker

General Counsel

Key Stats

2.42 mean rating - 12 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2018

0.8K

2019

0.8K

2020

0.9K

2021(E)

0.9K
EPS (AUD)

2018

0.088

2019

0.132

2020

0.258

2021(E)

0.191
Price To Earnings (TTM)
38.36
Price To Sales (TTM)
6.00
Price To Book (MRQ)
1.96
Price To Cash Flow (TTM)
15.13
Total Debt To Equity (MRQ)
1.42
LT Debt To Equity (MRQ)
1.20
Return on Investment (TTM)
4.35
Return on Equity (TTM)
4.18

Latest News

Latest News

UPDATE 1-Tianqi Lithium controlling shareholder to get up to $2.5 bln investment

* Tianqi shares rebound, gain more than 50% in Jan (Adds background, analyst comment, graphic)

Australia's IGO to take 25% stake in Greenbushes lithium mine from China's Tianqi

Australian nickel and gold miner IGO Ltd said on Wednesday it would invest $1.4 billion in a local unit of China's Tianqi Lithium Corp for a stake in the Greenbushes lithium mine, as it looks to cash in on the lithium rush.

Tianqi gets $1.4 billion lithium mine lifeline from Australia's IGO

Debt-laden Tianqi Lithium has secured a lifeline from Perth-based nickel and gold miner IGO Ltd, which will invest $1.4 billion in the unit that controls Greenbushes, the world's largest hard-rock lithium mine.

UPDATE 3-Tianqi gets $1.4 bln lithium mine lifeline from Australia's IGO

* IGO to pay $1.4 bln for 49% of Tianqi Lithium Energy Australia

UPDATE 3-Australia's IGO to buy stake in Greenbushes lithium mine from Tianqi - sources

* Tianqi has until Dec. 28 to repay or refinance $1.9 bln in loans

Australia's IGO to buy stake in Greenbushes lithium mine from Tianqi - sources

Australian nickel-gold miner IGO Ltd is in negotiations to buy a minority stake worth close to $1.5 billion in a vehicle holding Tianqi Lithium Corp's stake in the Greenbushes lithium mine, sources told Reuters.

Australia's IGO to review stake in Tropicana gold mine after unsolicited bids

Australian nickel-gold miner IGO Ltd <IGO.AX> on Friday kicked off a review of its 30% stake in the Tropicana gold mine in Western Australia, after receiving unsolicited approaches from a number of interested parties.

BRIEF-Independence Group Says Mining And Processing Activities At Both Nova And Tropicana Currently Continuing Unaffected

* INDEPENDENCE GROUP NL - MINING AND PROCESSING ACTIVITIES AT BOTH NOVA AND TROPICANA ARE CURRENTLY CONTINUING UNAFFECTED

Australia's Independence Group extends takeover offer period for Panoramic

Australian nickel miner Independence Group <IGO.AX> on Tuesday extended the closing date of its takeover offer for smaller peer Panoramic Resources <PAN.AX>, saying it required more time to assess its position due to breaches of offer conditions.

Australia's Panoramic rejects Independence's takeover offer, plans capital raise

Australian nickel miner Panoramic Resources <PAN.AX> on Thursday recommended that its shareholders reject a takeover bid by larger peer Independence Group NL <IGO.AX> and went ahead with a capital raising effort, breaching an offer condition.

Australia's Panoramic recommends rejection of Independence Group takeover offer

Australia's Panoramic Resources Ltd on Thursday unanimously recommended shareholders to reject the takeover offer by the gold-nickel miner Independence Group NL.

Panoramic grants Australia's Independence Group due diligence access after takeover bid

Australian nickel miner Independence Group <IGO.AX> on Friday said it will conduct due diligence on Panoramic Resources Ltd <PAN.AX> and its flagship Savannah nickel project after making a bid for its smaller peer.

UPDATE 1-Australia's Independence Group reviewing Panoramic offer after weak outlook

Metals miner Independence Group NL on Thursday said it was reviewing its takeover bid of smaller peer Panoramic Resources Ltd after the latter flagged underperformance at a key nickel project and said it would likely need to raise funds.

Top shareholder of Australia's Panoramic rejects 'opportunistic' IGO bid

Sydney-listed investment fund Zeta Resources Ltd <ZER.AX> on Friday said it did not intend to accept nickel miner Independence Group NL's (IGO) <IGO.AX> A$312 million ($214.6 million) takeover bid for Panoramic Resources Ltd <PAN.AX>.

Top shareholder of Australia's Panoramic rejects 'opportunistic' Independence bid

Investment fund Zeta Resources Ltd on Friday said it did not intend to accept nickel miner Independence Group's hostile A$312 million ($214.6 million) takeover bid for Panoramic Resources.

Australia's Independence chases more nickel with $216 million bid

Australian nickel miner Independence Group <IGO.AX> on Monday launched a hostile A$312 million ($216 million) takeover bid for smaller peer Panoramic Resources and said it had appetite for more, given demand for new energy metals.

Independence Group offers to buy Panoramic Resources

Australian nickel miner Independence Group on Monday made a A$312 million ($215.62 million) takeover offer for shares in Panoramic Resources Ltd that it does not already own.

Australia's Independence Group ends nickel facility plan after supply deals

Nickel miner Independence Group NL said on Friday it will stop work on developing a downstream nickel sulphate facility after winning improved terms in two recent offtake agreements for concentrate from its Nova mine.

Australia miner Independence says in talks with potential buyers of battery chemicals

Independence Group, an Australian miner looking to move into making chemicals used in electric vehicle batteries, on Wednesday said it was in talks with a range of potential buyers of those products.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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