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 $5.51 billion
P/E Ratio 22.37
Dividend Yield 7.59%
Shares Outstanding 757.27 million
Earnings per share 0.324
Dividend per share 0.55
Year To Date Return -18.67%
Earnings Yield 4.47%
Franking 100%
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as at 24 Feb 3:44pm

  • IGO Ltd (ASX: IGO)
    Latest News

    Two miners standing together with a smile on their faces.
    Materials Shares

    2 beaten down ASX 200 lithium stocks that analysts love

    These beaten down miners could be in the buy zone according to analysts.

    Read more »

    A man checks his phone next to an electric vehicle charging station with his electric vehicle parked in the charging bay.
    Materials Shares

    Here is the latest lithium price forecast through to 2027

    Will lithium rebound any time soon? Let's find out what Goldman Sachs is forecasting.

    Read more »

    Two miners standing together.
    Materials Shares

    Buy one, sell the other: Goldman's verdict on these 2 ASX lithium shares

    The broker says lithium prices will not bottom until 2025. Here's what you should do in the meantime.

    Read more »

    A man sits in contemplation on his sofa looking at his phone as though he has just heard some serious or interesting news.
    Share Market News

    What the federal budget means for interest rates and ASX shares

    Some ASX shares will benefit more than others from the new Federal budget.

    Read more »

    Three miners wearing hard hats and high vis vests take a break on site at a mine as the Fortescue share price drops in FY22
    Resources Shares

    Why these ASX mining shares have 'got some huge advantages': Chalmers

    Tomorrow’s Federal budget could offer a welcome boost for these ASX mining shares.

    Read more »

    Two people comparing and analysing material.
    Resources Shares

    ASX 200 banks vs. mining stocks: Which is the better buy today?

    Ray David from Blackwattle Partners explains the significant divergence in performance this year.

    Read more »

    Happy man working on his laptop.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    Investors enjoyed another strong showing this Tuesday.

    Read more »

    Two happy excited friends in euphoria mood after winning in a bet with a smartphone in hand.
    Share Gainers

    Why Clarity Pharmaceuticals, DroneShield, IGO, and Serko shares are surging

    These ASX shares are having a strong session on Tuesday. But why?

    Read more »

    Miner and company person analysing results of a mining company.
    Materials Shares

    Why is the IGO share price jumping 10% today?

    Weak lithium prices weighed heavily on this miner's performance. But something has got investors excited.

    Read more »

    Two university students in the library, one in a wheelchair, log in for the first time with the help of a lecturer.
    Share Market News

    5 things to watch on the ASX 200 on Tuesday

    Another positive session is expected for Aussie investors on Tuesday.

    Read more »

    Miner looking at a tablet.
    Materials Shares

    3 key takeaways for ASX lithium share investors from Pilbara Minerals report

    What can ASX lithium share investors learn from Pilbara Minerals' latest sales and production results?

    Read more »

    A neon sign says 'Top Ten'.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a rough start to the trading week for ASX shares today.

    Read more »

    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
    12 Mar 2024 $0.1100 100.00% Interim 27 Mar 2024
    13 Sep 2023 $0.1600 100.00% Special Cash 28 Sep 2023
    13 Sep 2023 $0.4400 100.00% Final 28 Sep 2023
    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
    27 May 2024 $7.25 $-0.11 -1.49% 1,839,592 $7.42 $7.44 $7.24
    24 May 2024 $7.36 $-0.25 -3.29% 2,775,101 $7.50 $7.52 $7.35
    23 May 2024 $7.61 $-0.08 -1.04% 4,789,690 $7.61 $7.67 $7.46
    22 May 2024 $7.69 $-0.26 -3.27% 5,023,357 $7.87 $7.92 $7.62
    21 May 2024 $7.95 $-0.09 -1.12% 3,890,343 $8.00 $8.06 $7.85
    20 May 2024 $8.04 $0.20 2.55% 4,559,069 $8.02 $8.14 $7.85
    17 May 2024 $7.84 $0.07 0.90% 2,210,110 $7.72 $7.89 $7.71
    16 May 2024 $7.77 $0.15 1.97% 3,504,872 $7.65 $7.77 $7.46
    15 May 2024 $7.62 $0.02 0.26% 1,558,048 $7.73 $7.83 $7.61
    14 May 2024 $7.60 $-0.06 -0.78% 2,456,683 $7.72 $7.80 $7.60
    13 May 2024 $7.66 $-0.26 -3.28% 2,999,640 $7.83 $7.88 $7.63
    10 May 2024 $7.92 $-0.02 -0.25% 3,819,514 $8.03 $8.18 $7.81
    09 May 2024 $7.94 $0.07 0.89% 5,332,849 $7.83 $7.96 $7.75
    08 May 2024 $7.87 $0.01 0.13% 3,743,519 $7.84 $8.01 $7.81
    07 May 2024 $7.86 $-0.08 -1.01% 3,021,208 $8.01 $8.03 $7.82
    06 May 2024 $7.94 $0.02 0.25% 2,488,327 $7.94 $7.98 $7.85
    03 May 2024 $7.92 $0.14 1.80% 3,641,068 $7.86 $8.02 $7.84
    02 May 2024 $7.78 $-0.02 -0.26% 4,272,788 $7.76 $7.82 $7.54
    01 May 2024 $7.80 $-0.11 -1.39% 3,319,673 $7.54 $7.81 $7.46
    30 Apr 2024 $7.91 $0.54 7.33% 8,517,266 $7.64 $8.08 $7.61

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    23 Feb 2024 Michael Nossal Buy 25,000 $180,840
    On-market trade.
    23 Feb 2024 Debra Bakker Buy 7,000 $50,400
    On-market trade.
    23 Feb 2024 Tracey Arlaud Buy 3,093 $14,722
    On-market trade. USD$
    23 Feb 2024 Ivan Vella Buy 41,500 $301,852
    On-market trade.
    22 Dec 2023 Ivan Vella Issued 511,657 $4,594,679
    Issue of securities. 511,657 Rights
    31 Oct 2023 Debra Bakker Buy 5,000 $48,488
    On-market trade.
    01 Sep 2023 Michael Nossal Buy 20,000 $276,617
    On-market trade.

    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.
    Mr Ivan Vella Chief Executive OfficerManaging Director Dec 2023
    Mr Ivan has joined IGO from Rio Tinto, where he has most recently held the position of Chief Executive, Aluminium
    based in Montreal, Canada. Over his 20-year career at Rio Tinto, he has held senior positions across multiple
    commodities, geographies and markets, and brings exceptional skills across strategy, operations, commercial
    and stakeholder engagement to IGO.
    Ms Joanne McDonald Company Secretary Oct 2015
    -
    Mr Scott Steinkrug Chief Financial OfficerJoint Company Secretary Oct 2015
    -
    Scott Steinkrug Chief Financial OfficerJoint Company Secretary
    -
    Joanne McDonald Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees <Australia> Limited 248,510,981 32.82%
    J P Morgan Nominees Australia Pty Limited 169,532,959 22.39%
    Citicorp Nominees Pty Limited 90,922,701 12.01%
    Yandal Investments Pty Ltd 65,103,153 8.60%
    National Nominees Limited 36,989,670 4.88%
    BNP Paribas Noms Pty Ltd <DRP> 18,491,539 2.44%
    BNP Paribas Nominees Pty Ltd <Agency Lending DRP A/C> 15,043,005 1.99%
    Fraserx Pty Ltd 13,415,188 1.77%
    HSBC Custody Nominees <Australia> Limited <Nt-Comnwlth Super 5,785,048 0.76%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 5,553,970 0.73%
    Argo Investments Limited 3,930,970 0.52%
    Perth Select Seafoods Pty Ltd 2,062,116 0.27%
    Perth Select Seafoods Pty Ltd (ii) 1,937,884 0.26%
    Netwealth Investments Limited <Wrap Services A/C> 1,839,365 0.24%
    Mr Kenneth Joseph Hall <Hall Park A/C> 1,353,918 0.18%
    BNP Paribas Noms (NZ) Ltd <DRP> 1,209,681 0.16%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <DRP A/C> 1,203,905 0.16%
    Farjoy Pty Ltd 1,176,472 0.16%
    CPU Share Plans Pty Ltd <Igou Prp Unallocated A/C> 1,118,523 0.15%
    Ubs Nominees Pty Ltd 969,174 0.13%

    Profile

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