IGO Ltd operates in the Copper ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares IGO Ltd with three other
companies in this sector in AUSTRALIA :
Western Areas Ltd
(2019
sales of 268.72 million Australian Dollars [US$184.43 million]
of which 100%
was Mineral Exploration),
Aeris Resources Ltd
(232.34 million Australian Dollars [US$159.46 million]
), and
OZ Minerals Limited
(1.11 billion Australian Dollars [US$759.78 million]
of which 94%
was Prominent Hill Mine).
Sales Analysis.
IGO Ltd reported sales of A$784.51 million (US$538.44 million)
for the
fiscal
year ending
June of 2019.
This
represents
a very small
increase of 0.8%
versus 2018, when the company's sales were A$777.95 million.
This was the third consecutive year of growth at IGO Ltd.
Sales of Nova Operation saw an increase
that was more than double the company's growth rate: sales were up
44.0% in 2019, from
A$348.55 million to A$501.89 million.
IGO Ltd also saw significant increases in sales in
Tropicana Operations (up 15.9% to A$278.48 million)
.
Not all segments of IGO Ltd experienced an increase in sales in 2019:
sales of Unallocated fell 55.0% to A$5.33 million.
(However, this segment's sales were only a very small portion of the company's overall sales).