ASX:IGOIndependence Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Independence Group NL Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add A$4.54 -0.02 (-0.44 %) (As of 05/13/2020) Add Compare Share Today's RangeA$4.41Now: A$4.54▼A$4.6150-Day RangeA$3.48MA: A$4.54▼A$5.0352-Week RangeA$3.27Now: A$4.54▼A$7.11Volume3.68 million shsAverage Volume2.97 million shsMarket Capitalization$2.68 billionP/E Ratio15.60Dividend Yield2.83%BetaN/A ProfileAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlines Independence Group NL operates as a diversified mining and exploration company in Australia. It operates through Nova Project, Tropicana Operation, Long Operation, and New Business and Regional Exploration Activities segments. The company owns 100% interest in the Nova project, which produces nickel, copper, and cobalt concentrates located to the east-northeast of Norseman; and Long nickel project comprising 1,257 square kilometers of tenements located near Kambalda, Western Australia. It also owns 30% interest in the Tropicana gold mine covering 3,600 square kilometers of tenements located to the east northeast of Kalgoorlie. The company was founded in 2000 and is headquartered in Perth, Australia.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Independence Group. Previous Next 2.7 Community Rank Outperform VotesIndependence Group has received 67 “outperform” votes. (Add your “outperform” vote.)Underperform VotesIndependence Group has received 57 “underperform” votes. (Add your “underperform” vote.)Community SentimentIndependence Group has received 54.03% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Independence Group and other stocks. Vote “Outperform” if you believe IGO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IGO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipIndependence Group is a leading dividend payer. It pays a dividend yield of 2.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIndependence Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Independence Group is 48.11 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Independence Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought A$49,672.00 in company stock and sold A$0.00 in company stock. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Independence Group are expected to decrease by -100.00% in the coming year, from A$0.29 to A$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Independence Group is 15.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence Group is 15.60, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 21.12.Price to Book Value per Share RatioIndependence Group has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.77 out of 5 stars Industry, Sector and Symbol Stock Exchange ASX Industry Industrial Metals & Minerals Sub-IndustryN/A SectorBasic Materials Current SymbolASX:IGO Previous Symbol CUSIPN/A CIKN/A Webwww.igo.com.au Phone+61-8-92388300Debt Debt-to-Equity Ratio5.01 Current Ratio5.27 Quick Ratio4.60Price-To-Earnings Trailing P/E Ratio15.60 Forward P/E Ratio15.47 P/E GrowthN/A Sales & Book Value Annual Sales$906.23 million Price / Sales2.96 Cash FlowA$0.88 per share Price / Cash Flow5.15 Book ValueA$3.22 per share Price / Book1.41Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares590,796,992Market Cap$2.68 billion Next Earnings Date7/30/2020 (Estimated) OptionableNot Optionable Receive IGO News and Ratings via Email Sign-up to receive the latest news and ratings for IGO and its competitors with MarketBeat's FREE daily newsletter. Independence Group (ASX:IGO) Frequently Asked Questions How has Independence Group's stock been impacted by COVID-19 (Coronavirus)? Independence Group's stock was trading at A$4.45 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IGO shares have increased by 2.0% and is now trading at A$4.54. View which stocks have been most impacted by Coronavirus. When is Independence Group's next earnings date? Independence Group is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Independence Group. How were Independence Group's earnings last quarter? Independence Group NL (ASX:IGO) announced its quarterly earnings results on Thursday, January, 31st. The company reported $0.00 earnings per share for the quarter. View Independence Group's earnings history. How often does Independence Group pay dividends? What is the dividend yield for Independence Group? Independence Group announced a Interim dividend on Friday, January 31st. Shareholders of record on Friday, February 28th will be given a dividend of 0.06 per share on Friday, February 28th. This represents a yield of 0.98%. The ex-dividend date is Thursday, February 13th. This is an increase from Independence Group's previous Interim dividend of A$0.02. View Independence Group's dividend history. Has Independence Group been receiving favorable news coverage? News articles about IGO stock have been trending very negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Independence Group earned a coverage optimism score of -3.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutIndependence Group. Who are some of Independence Group's key competitors? Some companies that are related to Independence Group include South32 (S32), Antofagasta (ANTO), Polymetal International (POLY), Teck Resources (TECK.B), Fresnillo (FRES), Cameco (CCO), First Quantum Minerals (FM), South32 (S32), BRP (DOO), Ivanhoe Mines (IVN), Mineral Resources (MIN), Iluka Resources (ILU), Lundin Gold (LUG), Pretium Resources (PVG) and KAZ Minerals (KAZ). View all competitors. What other stocks do shareholders of Independence Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Independence Group investors own include Mincor Resources (MCR), Select Harvests (SHV), Syrah Resources (SYR), ProShares Short Basic Materials (SBM), Orocobre (ORE), Navarre Minerals (NML), Magellan Financial Group (MFG), Mesoblast (MESO), Intrepid Mines Limited (Australia) (IAU) and Genesis Energy (GEL). Who are Independence Group's key executives? Independence Group's management team includes the following people: Mr. Peter J. L. Bradford FAusIMM, MSMME, MAIC, MD, CEO & Director (Age 60)Mr. Scott Steinkrug C.A. B.Comm, BSc., CFO & Company Sec.Mr. Matt Dusci MAIG, Chief Operating OfficerMr. Andrew Eddowes, Head of Corp. Devel.Mrs. Sam Retallack DipAppScience, B.Health Sc, CAHRI, Head of People & Culture What is Independence Group's stock symbol? Independence Group trades on the ASX under the ticker symbol "IGO." What is Independence Group's stock price today? One share of IGO stock can currently be purchased for approximately A$4.54. How big of a company is Independence Group? Independence Group has a market capitalization of $2.68 billion and generates $906.23 million in revenue each year. What is Independence Group's official website? The official website for Independence Group is www.igo.com.au. How can I contact Independence Group? Independence Group's mailing address is South Shore CTR U 4 L 5, 85 South Perth Esp, PERTH, WAS 6151, Australia. The company can be reached via phone at +61-8-92388300. This page was last updated on 5/31/2020 by MarketBeat.com Staff
