IGO Limited (OTCMKTS:IPGDF – Get Free Report) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 28,490 shares, a decline of 49.0% from the June 15th total of 55,840 shares. Based on an average daily volume of 1,425 shares, the short-interest ratio is currently 20.0 days.
IGO Price Performance
Shares of IPGDF remained flat at $5.70 during mid-day trading on Wednesday. The stock has a 50-day simple moving average of $6.32 and a two-hundred day simple moving average of $5.92. IGO has a one year low of $2.66 and a one year high of $7.12.
IGO Company Profile
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.
Further Reading
- Five stocks we like better than IGO
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
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.
