IGO Limited (OTCMKTS:IPGDF – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 55,840 shares, a decrease of 80.5% from the May 31st total of 286,761 shares. Based on an average daily trading volume, of 340 shares, the days-to-cover ratio is presently 164.2 days.
IGO Stock Performance
OTCMKTS:IPGDF opened at $5.70 on Friday. The stock’s 50 day moving average price is $6.43 and its 200 day moving average price is $5.84. IGO has a 52 week low of $2.66 and a 52 week high of $7.12.
About IGO
IGO Limited, trading as IPGDF on the OTC Markets, is an Australian-based diversified mining and metals company with a strategic focus on battery-cycle commodities and precious metals. Originally founded as Independence Group NL in 1997, the company rebranded to IGO Limited in 2018 to reflect its evolving portfolio. IGO’s operations span the extraction, processing and marketing of key industrial minerals and metals that underpin the global energy transition.
The company’s core asset portfolio includes the Nova nickel–copper–cobalt operation in Western Australia, which produces mixed sulphide concentrate; a 50% interest in the Tropicana gold joint venture; and the Kwinana Nickel Refinery, which refines concentrate into battery-grade nickel products.
Read More
- Five stocks we like better than IGO
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for IGO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IGO and related companies with MarketBeat.com's FREE daily email newsletter.
