Ivan Vella Acquires 25,000 Shares of IGO Limited (ASX:IGO) Stock

IGO Limited (ASX:IGO) insider Ivan Vella acquired 25,000 shares of the firm’s stock in a transaction on Monday, May 5th. The shares were bought at an average cost of A$3.98 ($2.55) per share, for a total transaction of A$99,475.00 ($63,766.03).

IGO Stock Performance

The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 1,312.56, a PEG ratio of 0.37 and a beta of 0.74. The company has a current ratio of 5.85, a quick ratio of 1.38 and a debt-to-equity ratio of 1.52.

IGO Company Profile

IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located to the east northeast of Norseman in the Great Western Woodlands of Western Australia; a 100% interest in the Cosmos nickel operation located to the north of Leinster in Western Australia; and a 100% interest in the Forrestania nickel operation located to the east of Perth in Western Australia.