4.02BMarket Cap1327.50P/E (Static)
5.310High5.160Low2.39MVolume5.220Open5.250Pre Close12.58MTurnover9.15352wk High0.36%Turnover Ratio757.27MShares4.63052wk Low0.004EPS TTM3.56BFloat Cap15.305Historical High1327.50P/E (Static)671.30MShs Float0.127Historical Low0.004EPS LYR2.86%Amplitude0.55Dividend TTM1.25P/B1Lot Size10.36%Div YieldTTM
IGO Ltd Stock Forum
•Base metals: Copper prices decline by 1.9% in a week
•Energy metals: Li carbonate prices drop to three-year low
•Precious metals: Gold prices fell by 1.7% in the past week
•Bulk commodities: Thermal coal prices rise to three-month high
Spot Price Snapshot
Key Price Move...
Downward spiraling nickel prices have caused a major crisis among WA-based miners and developers. In the past year alone, we have witnessed:
IGO (ASX: $IGO Ltd (IGO.AU)$ ) report a billion-dollar impairment of its Western Areas assets (acquired in December 2021 for $1.26 billion)
Panoramic Resources (ASX: $Panoramic Resources Ltd (PAN.AU)$ ) was put...
Rebalancing and portfolio optimization
During EOFY, half-year,and quarter-end,investors and fund managers rebalance their portfolios.This may involve trimming overperforming stocks ("winners") and potentially selli...
• Top losers: $Mineral Resources Ltd (MIN.AU)$, $Liontown Resources Ltd (LTR.AU)$, $IGO Ltd (IGO.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.3% higher at 7796.0, completing a positive week driven by gains in utility, energy, and health stocks. The benchmark index remained relatively stable, moving only 0.1% across the prev...
•Base metals: Industrial metals fall due to a lack of buying interest in China
•Precious metals: Gold, silver fell 2.1% and 4.1% respectively
•Bulk commodity: Thermal coal rose 8%
Spot Price Snapshot
Key Price Moves
$Copper Futures(DEC4) (HGmain.US)$ and $Aluminum Futures(JAN5) (ALImain.US)$, along with ot...
•Base metals: Industrial metals fall due to a lack of buying interest in China
•Precious metals: Gold, silver fell 2.1% and 4.1% respectively
•Bulk commodity: Thermal coal rose 8%
Spot Price Snapshot
Key Price Moves
$Copper Futures(DEC4) (HGmain.US)$ and $Aluminum Futures(JAN5) (ALImain.US)$, along with o...
• Top losers: $Worley Ltd (WOR.AU)$, $Megaport Ltd (MP1.AU)$, $Ampol Ltd (ALD.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.35% higher at 7664.1 but still completed its first month of losses since October. The benchmark index notched a second straight daily gain amid strength in shares of its largest companies, but los...
• Top losers: $Boss Energy Ltd (BOE.AU)$, $Liontown Resources Ltd (LTR.AU)$, $IGO Ltd (IGO.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 1.8% lower at 7612.5, with losses across all sectors pushing the benchmark to its lowest close in almost two months.
The consumer discretionary sector led the...
$Pilbara Minerals Ltd (PLS.AU)$ , $Mineral Resources Ltd (MIN.AU)$ and $IGO Ltd (IGO.AU)$ , remain profitable at current prices.
But how would things look for marginal producers like $Core Lithium Ltd (CXO.AU)$ ? Is US$1,000 to US$1,300 a tonne enough to get its Finniss Project out of care and maintenance?
And what about the up-and-coming $Liontown Resources Ltd (LTR.AU)$ ? The latest Citi note (13...
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