IGO Ltd (ASX: IGO) Share Price and News

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IGO Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $10.07 billion
P/E Ratio 12.17
Dividend Yield 1.43%
Shares Outstanding 757.27 million
Earnings per share 1.094
Dividend per share 0.19
Year To Date Return -0.07%
Earnings Yield 8.22%
Franking 100%
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as at 24 Feb 3:44pm

  • IGO Ltd (ASX: IGO)
    Latest News

    A man holds his head in his hands, despairing at the bad result he's reading on his computer.
    Materials Shares

    ‘Sudden and volatile’: Is a lithium price shock coming for ASX 200 lithium shares?

    ASX 200 lithium shares broadly fell in the early months of 2023 as the lithium price crashed from 2022’s all-time…

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    Two miners standing together.
    Resources Shares

    ‘Attractive entry point’: 2 ASX 200 mining shares experts are bullish on

    Resources stocks have largely gone sideways in 2023, but this means there are some excellent long-term bargains to buy right…

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    A female miner wearing a high vis vest and hard hard smiles and holds a clipboard while inspecting a mine site with a colleague.
    Broker Notes

    2 ASX 200 mining stocks just upgraded by top brokers

    Which ASX 200 mining companies have caught the experts' attention?

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    Golden top 10 - asx shares today
    Share Market News

    Here are the top 10 ASX 200 shares today

    Thank the RBA for today's happy showing.

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    Man in yellow hard hat looks through binoculars as man in white hard hat stands behind him and points.
    Materials Shares

    Uh-oh! Could this pose a threat to ASX 200 lithium shares?

    A global energy giant is looking to stake its claim in the lithium supply market.

    Read more »

    A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
    Share Fallers

    Why IGO, Patriot Battery Metals, Silver Lake, and Starpharma shares are sinking today

    These ASX shares are starting the week in the red.

    Read more »

    A man raises his reading glasses in a look of surprise.
    Earnings Results

    IGO share price sinks 5% despite record quarterly earnings

    IGO has delivered yet another record quarter and announced a new dividend policy.

    Read more »

    A man sits uncomfortably at his laptop computer in an outdoor location at a table with trees in the background as he clutches the back of his neck with a wincing look on his face.
    Materials Shares

    Why are ASX lithium stocks struggling on Monday?

    Lithium stocks are getting a rude start to the week today.

    Read more »

    A smiling woman holds an arm in the air in triumph while also holding a graphic of a fully-charged battery in her other hand representing the Pilbara Minerals share price
    Materials Shares

    3 reasons I think the bull run on ASX lithium shares is just getting started

    Lithium-ion batteries have come a long way over the past 10 years, with more improvements flagged on the horizon.

    Read more »

    a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.
    Share Fallers

    Why Appen, Endeavour, IGO, and Vulcan Steel shares are sinking today

    These ASX shares are starting the week deep in the red.

    Read more »

    A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
    Materials Shares

    IGO share price tumbles 7% on ‘disappointing’ billion-dollar impairment

    It's looking like IGO significantly overpaid for a recent acquisition.

    Read more »

    a man holds a firework sparkler in both hands as a shower of sparkly confetti falls from the sky around him as he smiles and closes his eyes in a celebratory scene.
    Opinions

    Top ASX shares to buy in FY24

    The new financial year is a cracking time to consider your investment strategy. Our writers recommend their top stocks to…

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    Frequently Asked Questions

    Yes, IGO has historically paid two fully franked shareholder dividends a year.

    IGO generally pays its shareholder dividends in March and September. 

    IGO listed on the ASX on 17 January 2002.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    16 Mar 2023 $0.1400 100.00% Interim 31 Mar 2023
    15 Sep 2022 $0.0500 100.00% Final 30 Sep 2022
    03 Mar 2022 $0.0500 100.00% Interim 18 Mar 2022
    07 Sep 2021 $0.1000 100.00% Final 23 Sep 2021
    10 Sep 2020 $0.0500 0.00% Final 25 Sep 2020
    13 Feb 2020 $0.0600 0.00% Interim 28 Feb 2020
    12 Sep 2019 $0.0800 97.00% Final 26 Sep 2019
    14 Feb 2019 $0.0200 100.00% Interim 01 Mar 2019
    13 Sep 2018 $0.0200 100.00% Final 27 Sep 2018
    12 Mar 2018 $0.0100 100.00% Interim 28 Mar 2018
    06 Sep 2017 $0.0000 100.00% Final 22 Sep 2017
    09 Mar 2017 $0.0100 100.00% Interim 27 Mar 2017
    07 Sep 2016 $0.0200 100.00% Final 23 Sep 2016
    12 Sep 2014 $0.0500 100.00% Final 30 Sep 2014
    05 Mar 2014 $0.0300 100.00% Interim 28 Mar 2014
    06 Sep 2013 $0.0100 100.00% Final 27 Sep 2013
    13 Mar 2013 $0.0100 100.00% Interim 28 Mar 2013
    12 Sep 2012 $0.0100 100.00% Final 28 Sep 2012
    06 Mar 2012 $0.0200 100.00% Interim 23 Mar 2012
    09 Sep 2011 $0.0300 100.00% Final 30 Sep 2011
    03 Mar 2011 $0.0400 100.00% Interim 18 Mar 2011
    09 Sep 2010 $0.0300 100.00% Final 30 Sep 2010
    02 Mar 2010 $0.0200 100.00% Interim 18 Mar 2010
    11 Sep 2009 $0.0300 100.00% Final 29 Sep 2009
    21 Apr 2006 $0.0200 100.00% Interim 09 May 2006
    16 Sep 2005 $0.0500 100.00% Final 03 Oct 2005

    IGO ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About IGO Ltd

    IGO Ltd (ASX: IGO) is a nickel, copper, and cobalt miner and processor. The company owns and operates the Nova nickel-copper-cobalt operation, as well as the Forestania and Cosmos nickel operations. All are located in Western Australia.

    IGO is a 51%-partner in a lithium-focused joint venture with Tianqi Lithium Corporation in the Greenbushes lithium mine in WA. It is also the 100%-owner of a downstream processing refinery at Kwinana, producing battery-grade lithium hydroxide. IGO is also actively conducting exploration and project evaluation in various regions of WA. 

    IGO Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    09 Aug 2023 $13.31 $0.02 0.15% 4,685,989 $13.18 $13.36 $13.12
    08 Aug 2023 $13.29 $-0.47 -3.42% 5,167,337 $13.61 $13.73 $13.29
    07 Aug 2023 $13.76 $-0.04 -0.29% 1,362,454 $13.85 $13.91 $13.68
    04 Aug 2023 $13.80 $-0.01 -0.07% 6,421,197 $13.89 $13.94 $13.68
    03 Aug 2023 $13.81 $-0.18 -1.29% 3,087,987 $13.64 $13.91 $13.62
    02 Aug 2023 $13.99 $-0.25 -1.76% 3,485,479 $14.03 $14.21 $13.99
    01 Aug 2023 $14.24 $0.44 3.19% 3,926,074 $14.10 $14.36 $14.02
    31 Jul 2023 $13.80 $-0.67 -4.63% 4,777,609 $13.85 $14.20 $13.65
    28 Jul 2023 $14.47 $0.11 0.77% 1,983,017 $14.18 $14.50 $14.05
    27 Jul 2023 $14.36 $-0.03 -0.21% 4,455,590 $14.26 $14.52 $14.22
    26 Jul 2023 $14.39 $0.16 1.12% 3,745,703 $14.30 $14.56 $14.28
    25 Jul 2023 $14.23 $0.23 1.64% 3,630,241 $14.21 $14.47 $14.01
    24 Jul 2023 $14.00 $-0.59 -4.04% 3,446,139 $14.47 $14.51 $13.97
    21 Jul 2023 $14.59 $-0.33 -2.21% 3,633,847 $14.68 $14.89 $14.55
    20 Jul 2023 $14.92 $0.15 1.02% 2,025,498 $14.65 $15.00 $14.65
    19 Jul 2023 $14.77 $-0.05 -0.34% 3,969,105 $14.79 $14.85 $14.53
    18 Jul 2023 $14.82 $-0.58 -3.77% 6,696,532 $15.00 $15.15 $14.46
    17 Jul 2023 $15.40 $-0.72 -4.47% 8,695,643 $15.40 $15.44 $14.78
    14 Jul 2023 $16.12 $0.30 1.90% 1,918,303 $15.96 $16.12 $15.82
    13 Jul 2023 $15.82 $0.42 2.73% 2,308,885 $15.75 $15.86 $15.63
    12 Jul 2023 $15.40 $-0.06 -0.39% 1,610,117 $15.69 $15.74 $15.36
    11 Jul 2023 $15.46 $0.28 1.84% 1,493,828 $15.49 $15.53 $15.37

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    11 Nov 2022 Xiaoping Yang Buy 10 $170,123
    On-market trade. USD$
    10 Nov 2022 Xiaoping Yang Sell 10 $162,206
    On-market trade. USD$
    01 Nov 2022 Justin Osborne Buy 10 $148,350
    On-market trade.
    07 Sep 2022 Debra Bakker Buy 4 $50,801
    On-market trade.
    01 Sep 2022 Peter Bradford Issued 58 $755,100
    Conversion of securities. As per announcement on 02-09-2022
    01 Sep 2022 Peter Bradford Exercise 58 $755,100
    Conversion of securities. 7,02,268 performance rights
    As per announcement on 02-09-2022

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Keith William Spence Non-Executive Director Dec 2014
    Mr Spence has over 40 years' experience in the oil and gas industry in Australia and internationally, including 18 years with Shell and 14 years with Woodside. He has served as a Non-executive Director and Chair for listed companies since 2008, working in energy, oil and gas, mining, and engineering and construction services and renewable energy.
    Mr Michael Nossal Non-Executive DirectorNon-Executive Chairman Dec 2020
    Mr Nossal is a senior mining executive with 35 years' experience in gold, base metals and industrial minerals. His executive career focused on strategy and business development, and he led M&A and internal growth initiatives for several companies. He has international experience and his executive and non executive roles have included companies listed on the ASX, LSE, HKEX and TSX.
    Mr Justin Osborne Non-Executive Director Oct 2022
    Mr Osborne is an experienced mining executive and resources technical professional, with over 30 years association in all aspects of the mining and exploration resource sector, with a career covering multiple commodities in Australia and Internationally. He has held executive management and board positions at companies including Gold Road Resources Limited, Gold Fields Ltd, WMC Resources Ltd, and currently serves as non-executive chair of Matador Mining Ltd and as non-executive director on the boards of Hamelin Gold Ltd and Astral Resources Ltd.
    Ms Samantha Louise Hogg Non-Executive Director Jan 2023
    Ms Hogg is an experienced executive with international experience across the transport, infrastructure, energy and resources sectors. She has held senior executive positions at Transurban Group and Western Mining Company across a broad range of portfolios including finance, strategic projects, marketing and corporate services. Her most recent executive role was as the Chief Financial Officer of Transurban Group. Samantha is also a non-executive director of Cleanaway Waste Management Limited, Adbri Limited and Chair of Marinus Link Pty Ltd. Samantha has held non-executive director positions with De Grey Mining Limited, Australian Renewable Energy Agency, TasRail, MaxiTRANS Industries Limited, Hydro Tasmania and Infrastructure Australia, and was formerly a board member of the National COVID-19 Commission Advisory Board.
    Ms Debra Anne Bakker Non-Executive Director Dec 2016
    Ms Bakker is an experienced financier and investment banker to the resources industry, with over 10 years' experience working in London, Chicago and New York in senior roles with Barclays Capital and Standard Bank London Group.
    Dr Xiaoping Yang Non-Executive Director Dec 2020
    Dr Yang is a chemical engineer with 30 years' experience in the energy and petrochemical industry with a variety of executive management and board positions at BP. She has experience in technology development and innovation including renewable resource development in solar, hydrogen, and biotechnologies. Ms. Yang has worked in the US and Asia, held general manager roles in joint ventures and chair positions in downstream and new energy frontier businesses.
    Ms Tracey Arlaud Non-Executive Director Aug 2022
    Ms Arlaud is a senior mining executive with over 28 years of experience in the management of mining and site operations and large engineering projects. She has held executive management and board positions at companies including Rio Tinto, JDS Energy and Mining, Hatch Associates, McIntosh Engineering/Santec, PT Freeport Indonesia, WMC Resources and Normandy Mining, and is currently CEO of underground mining specialist, IMB and serves as non-executive director on the boards of Global Atomic Corporation, Seabridge Gold Inc and Imdex Limited. She has experience in underground mine planning and operations and in underground mining operations and understanding of the associated safety risks.
    Ms Joanne McDonald Company Secretary Oct 2015
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    Mr Scott Steinkrug Chief Financial OfficerJoint Company Secretary Oct 2015
    -
    Mr Matt Dusci Acting Chief Executive Officer Oct 2022
    -
    Matt Dusci Acting Chief Executive Officer
    -
    Scott Steinkrug Chief Financial OfficerJoint Company Secretary
    -
    Matt Dusci Chief Operating Officer
    -
    Joanne McDonald Company Secretary
    -
    Kate Barker General Counsel and Head of Compliance & Risk
    -
    Andrew Eddowes Head of Corporate Development
    -
    Sam Retallack Head of People & Culture
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees <Australia> Limited 209,032,315 27.60%
    J P Morgan Nominees Australia Pty Limited 191,765,141 25.32%
    Citicorp Nominees Pty Limited 82,044,752 10.83%
    Yandal Investments Pty Ltd 67,103,153 8.86%
    National Nominees Limited 54,691,329 7.22%
    BNP Paribas Noms Pty Ltd <DRP> 21,373,313 2.82%
    BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 14,907,801 1.97%
    Fraserx Pty Ltd 13,415,188 1.77%
    HSBC Custody Nominees <Australia> Limited <Nt Comnwlth Super Corp A/C> 6,964,144 0.92%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 3,970,232 0.52%
    Argo Investments Limited 3,680,970 0.49%
    Perth Select Seafoods Pty Ltd (i) 2,937,884 0.39%
    HSBC Custody Nominees <Australia> Limited - A/C 2 2,664,517 0.35%
    Mr Kenneth Joseph Hall <Hall Park A/C> 2,173,918 0.29%
    Perth Select Seafoods Pty Ltd (ii) 2,062,116 0.27%
    Netwealth Investments Limited <Wrap Services A/C> 1,583,000 0.21%
    BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient DRP> 1,430,225 0.19%
    Farjoy Pty Ltd 1,176,472 0.16%
    BNP Paribas Nominees Pty Ltd Acf Clearstream 1,097,386 0.14%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> 946,290 0.12%

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