IGO Financials

IGO Stock Summary

IGO competes with Iluka Resources, Iluka Resources, Vale Indonesia, Minera Frisco, and Liontown Resources. IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. IGO Limited was incorporated in 2000 and is headquartered in Perth, Australia. Independence Gold operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

IGO Key Financial Ratios

There are many critical financial ratios that IGO's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that IGO Limited reports annually and quarterly.

IGO Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IGO's current stock value. Our valuation model uses many indicators to compare IGO value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IGO competition to find correlations between indicators driving IGO's intrinsic value. More Info.IGO Limited is rated fourth overall in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.18  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for IGO Limited is roughly  5.46 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IGO's earnings, one of the primary drivers of an investment's value.

Along with financial statement analysis, the daily predictive indicators of IGO help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IGO Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of IGO Limited based on widely used predictive technical indicators. In general, we focus on analyzing IGO Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IGO's daily price indicators and compare them against related drivers.

When running IGO's price analysis, check to measure IGO's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IGO is operating at the current time. Most of IGO's value examination focuses on studying past and present price action to predict the probability of IGO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGO's price. Additionally, you may evaluate how the addition of IGO to your portfolios can decrease your overall portfolio volatility.