IGO Limited (OTCMKTS:IPGDF – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 28,490 shares, a decrease of 49.0% from the June 15th total of 55,840 shares. Based on an average daily trading volume, of 1,425 shares, the days-to-cover ratio is currently 20.0 days.
IGO Price Performance
Shares of IPGDF stock remained flat at $5.70 on Friday. IGO has a 52 week low of $2.66 and a 52 week high of $7.12. The company has a 50 day moving average of $6.31 and a two-hundred day moving average of $5.92.
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.
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