IGO Financials
| IIDDY Stock | USD 4.95 0.10 2.06% |
IGO |
Understanding current and past IGO Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IGO's financial statements are interrelated, with each one affecting the others. For example, an increase in IGO's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in IGO's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of IGO Limited. Check IGO's Beneish M Score to see the likelihood of IGO's management manipulating its earnings.
IGO Stock Summary
IGO competes with Nickel Mines, Mineral Resources, Mundoro Capital, Strategic Resources, and Leading Edge. 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. IGO operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | South Shore Centre, |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.igo.com.au |
| Phone | 61 8 9238 8300 |
| Currency | USD - US Dollar |
IGO Key Financial Ratios
IGO's financial ratios allow both analysts and investors to convert raw data from IGO's financial statements into concise, actionable information that can be used to evaluate the performance of IGO over time and compare it to other companies across industries.| Return On Equity | 0.23 | |||
| Return On Asset | 0.0427 | |||
| Beta | 0.92 | |||
| Z Score | 6.6 | |||
| Last Dividend Paid | 0.19 |
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 currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IGO by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IGO's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.IGO Limited Systematic Risk
IGO's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IGO volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on IGO Limited correlated with the market. If Beta is less than 0 IGO generally moves in the opposite direction as compared to the market. If IGO Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IGO Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IGO is generally in the same direction as the market. If Beta > 1 IGO moves generally in the same direction as, but more than the movement of the benchmark.
IGO March 19, 2025 Opportunity Range
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.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 22.49 | |||
| Value At Risk | (4.66) |
Additional Tools for IGO Pink Sheet 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.