Ivan Vella Purchases 127,691 Shares of IGO (ASX:IGO) Stock

IGO Limited (ASX:IGO) insider Ivan Vella purchased 127,691 shares of IGO stock in a transaction that occurred on Monday, December 29th. The shares were bought at an average price of A$8.04 per share, for a total transaction of A$1,026,635.64.

IGO Price Performance

The stock has a market cap 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 debt-to-equity ratio of 1.52, a quick ratio of 1.38 and a current ratio of 5.85.

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.