Michael Nossal Sells 75,000 Shares of IGO Limited (ASX:IGO) Stock

IGO Limited (ASX:IGO) insider Michael Nossal sold 75,000 shares of the stock in a transaction on Friday, May 2nd. The shares were sold at an average price of A$3.87 ($2.48), for a total value of A$290,250.00 ($186,057.69).

IGO Stock Performance

The firm has a market capitalization of $3.68 billion, a PE ratio of 1,312.56, a price-to-earnings-growth 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.

About IGO

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.