IGO Limited (IGO.AX)
| Previous close | 7.28 |
| Open | 7.21 |
| Bid | 7.06 x 109800 |
| Ask | 7.11 x 792000 |
| Day's range | 7.01 - 7.27 |
| 52-week range | 6.75 - 16.12 |
| Volume | |
| Avg. volume | 7,055,747 |
| Market cap | 5.361B |
| Beta (5Y monthly) | 0.77 |
| PE ratio (TTM) | 22.09 |
| EPS (TTM) | 0.32 |
| Earnings date | 22 Feb 2024 |
| Forward dividend & yield | 0.55 (7.55%) |
| Ex-dividend date | 12 Mar 2024 |
| 1y target est | 7.89 |
Simply Wall St.IGO Limited (ASX:IGO) is definitely on the radar of institutional investors who own 50% of the company
Key Insights Institutions' substantial holdings in IGO implies that they have significant influence over the company's...
- Reuters
Australian lithium output cuts seen on price slump
Australian lithium producers may be set to track the nickel industry in project curtailments and delays this reporting season, analysts say, given slower than expected electric vehicle (EV) sales, but the jolt is expected to be less severe. Both sectors are contending with a sharp drop in raw materials prices because of the EV slowdown, but lithium is expected to snap back faster because its oversupply is seen as short term. "If you have a prolonged period of depressed pricing then there is the potential to see additional capacity curtailments and or delays, or deferrals of new projects and capacity," said analyst Reg Spencer of Canaccord in Sydney.
- Simply Wall St.
Investing in IGO (ASX:IGO) five years ago would have delivered you a 166% gain
While IGO Limited ( ASX:IGO ) shareholders are probably generally happy, the stock hasn't had particularly good run...
