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
copper companies in Australasia:
Pilbara Minerals Limited
(2019
sales of 42.79 million Australian Dollars [US$28.26 million]
of which 100%
was Mining and Exploration),
Aeris Resources Ltd
(232.34 million Australian Dollars [US$153.46 million]
), and
Western Areas Ltd
(268.72 million Australian Dollars [US$177.49 million]
of which 100%
was Mineral Exploration).
Sales Analysis.
IGO Ltd reported sales of A$784.51 million (US$518.17 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).