IGO (Australia) Today

IGO Stock   4.95  0.01  0.20%   

Performance

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Odds Of Distress

Less than 21

 
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IGO is selling for under 4.95 as of the 23rd of November 2024; that is 0.2 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 4.9. IGO has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for IGO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
IGO is entity of Australia. It is traded as Stock on AU exchange. The company has 757.27 M outstanding shares. More on IGO

Moving together with IGO Stock

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Moving against IGO Stock

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IGO Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IGO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IGO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MD CEOIvan Vella
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
IGO's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to IGO's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
IGO can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IGO's financial leverage. It provides some insight into what part of IGO's total assets is financed by creditors.
Liquidity
IGO cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. IGO has accumulated 48.7 M in total debt. Debt can assist IGO until it has trouble settling it off, either with new capital or with free cash flow. So, IGO's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like IGO sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGO to invest in growth at high rates of return. When we think about IGO's use of debt, we should always consider it together with cash and equity.

Depreciation

237.09 Million
IGO (IGO) is traded on Australian Securities Exchange in Australia and employs 11 people. IGO is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IGO's market, we take the total number of its shares issued and multiply it by IGO's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. IGO operates under Metals & Mining sector and is part of Materials industry. The entity has 757.27 M outstanding shares. IGO generates positive cash flow from operations, but has no cash available
Check IGO Probability Of Bankruptcy
Ownership Allocation
IGO has a total of 757.27 Million outstanding shares. Over half of IGO's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Thus, these institutions are subject to different rules and regulations than regular investors in IGO. Please watch out for any change in the institutional holdings of IGO as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check IGO Ownership Details

IGO Risk Profiles

Although IGO's alpha and beta are two of the key measurements used to evaluate IGO's performance over the market, the standard measures of volatility play an important role as well.

IGO Stock Against Markets

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Our tools can tell you how much better you can do entering a position in IGO without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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IGO Corporate Management

Elected by the shareholders, the IGO's board of directors comprises two types of representatives: IGO inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IGO. The board's role is to monitor IGO's management team and ensure that shareholders' interests are well served. IGO's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IGO's outside directors are responsible for providing unbiased perspectives on the board's policies.
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Additional Tools for IGO Stock Analysis

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.