IGO Limited (IPGDF)
IGO Limited operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $5.60, up 0.00% on the session, giving a market capitalisation of $4.24B. On trailing twelve-month figures it carries a trailing P/E of 33.76, a net margin of 32.9%. Its beta of 0.59 implies it has historically moved less than the broad market.
IGO Limited is an Australian exploration and mining company that identifies, develops, and manages operations focused on metals crucial for the global transition to clean energy. Its portfolio includes several wholly-owned assets in Western Australia: the Nova nickel-copper-cobalt mine, situated east-northeast of Norseman; the Cosmos nickel operation, located north of Leinster; and the Forrestania nickel operation, found east of Perth. Beyond these, IGO Limited is also strategically investing in lithium mining initiatives and possesses a 100% interest in the Kwinana downstream processing refinery, also in Western Australia, which manufactures battery-grade lithium hydroxide. The company's diverse project pipeline further encompasses other ventures like Fraser Range, Kimberley, Paterson, Copper Coast, Frontier, Raptor, and Western Gawler. Founded in 2000 and headquartered in Perth, Australia, IGO Limited was previously known as Independence Group NL, undergoing a name change in January 2020.
IGO Limited is most often compared with the following Basic Materials names: