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Alternative stocks to IGO (ASX:IGO)


These are the alternatives to IGO that fall within the same industry, Diversified Metals & Mining, or region, Australia.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

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See IGO Performance

IGO stock research in summary

igo.com.au


IGO shares are more expensive than other comparable stocks. They are riskily financed, are poor value, and show below average growth. We recommend evaluating whether the future of the company IGO is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


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Country Australia
Industry Diversified Metals & Mining
Index
Size class Medium

Large companies - similar industry as IGO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Mitsubishi Materials (XXL, JP)  Diversified Metals & Mining
1. Mitsubishi Materials (XXL, JP)   Diversified Metals & Mining 96 75 60 98
2. Nippon Steel (XXL, JP)  Steel
2. Nippon Steel (XXL, JP)   Steel 94 69 64 93
3. JFE (XXL, JP)  Steel
3. JFE (XXL, JP)   Steel 92 71 46 84
4. SeAH Besteel (XL, KR)  Steel
4. SeAH Besteel (XL, KR)   Steel 86 57 67 84
5. Mitsui Mining & Smelting (XL, JP)  Diversified Metals & Mining
5. Mitsui Mining & Smelting (XL, JP)   Diversified Metals & Mining 70 93 32 82
6. Dongkuk Steel Mill (XL, KR)  Steel
6. Dongkuk Steel Mill (XL, KR)   Steel 100 25 78 80
7. Posco (XXL, KR)  Steel
7. Posco (XXL, KR)   Steel 55 89 56 77
8. Bluescope Steel (XXL, AU)  Steel
8. Bluescope Steel (XXL, AU)   Steel 74 41 87 77
9. Dowa (XL, JP)  Diversified Metals & Mining
9. Dowa (XL, JP)   Diversified Metals & Mining 70 41 81 73
10. Kobe Steel (XXL, JP)  Steel
10. Kobe Steel (XXL, JP)   Steel 77 79 36 71

March 21, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as IGO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. AGL (XL, AU)  Multi-Utilities
1. AGL (XL, AU)   Multi-Utilities 91 63 81 94
2. Metcash (XL, AU)  Food Distributors
2. Metcash (XL, AU)   Food Distributors 94 65 46 92
3. Whitehaven Coal (XL, AU)  Coal & Consumable Fuels
3. Whitehaven Coal (XL, AU)   Coal & Consumable Fuels 85 33 96 87
4. Downer EDI (XL, AU)  Diversified Support Services
4. Downer EDI (XL, AU)   Diversified Support Services 95 93 11 84
5. Suncorp (XL, AU)  Property & Casualty Insurance
5. Suncorp (XL, AU)   Property & Casualty Insurance 39 76 36 82
6. Bluescope Steel (XXL, AU)  Steel
6. Bluescope Steel (XXL, AU)   Steel 74 41 87 77
7. IAG (XL, AU)  Property & Casualty Insurance
7. IAG (XL, AU)   Property & Casualty Insurance 51 97 90 76
8. GrainCorp (XL, AU)  Food Distributors
8. GrainCorp (XL, AU)   Food Distributors 61 35 90 75
9. LendLease (XL, AU)  Real Estate: Diversified Operations
9. LendLease (XL, AU)   Real Estate: Diversified Operations 82 67 10 67
10. Medibank Private (XL, AU)  Life & Health Insurance
10. Medibank Private (XL, AU)   Life & Health Insurance 45 39 54 66

March 21, 2024


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Mid sized companies - similar industry as IGO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Pacific Metals (M, JP)  Diversified Metals & Mining
1. Pacific Metals (M, JP)   Diversified Metals & Mining 38 5 47 89
2. Poongsan (L, KR)  Diversified Metals & Mining
2. Poongsan (L, KR)   Diversified Metals & Mining 73 71 70 87
3. Perenti (L, AU)  Diversified Metals & Mining
3. Perenti (L, AU)   Diversified Metals & Mining 100 57 46 86
4. Allkem (M, AU)  Diversified Metals & Mining
4. Allkem (M, AU)   Diversified Metals & Mining 23 77 92 74
5. Aurelia Metals (M, AU)  Diversified Metals & Mining
5. Aurelia Metals (M, AU)   Diversified Metals & Mining 51 71 62 73
6. Iluka Resources (L, AU)  Diversified Metals & Mining
6. Iluka Resources (L, AU)   Diversified Metals & Mining 34 49 100 70
7. Nickel Mines (M, AU)  Diversified Metals & Mining
7. Nickel Mines (M, AU)   Diversified Metals & Mining 82 29 59 66
8. OMH (M, AU)  Diversified Metals & Mining
8. OMH (M, AU)   Diversified Metals & Mining 98 45 26 57
9. Pilbara Minerals (L, AU)  Diversified Metals & Mining
9. Pilbara Minerals (L, AU)   Diversified Metals & Mining 1 33 83 25
10. Toho Zinc (L, JP)  Diversified Metals & Mining
10. Toho Zinc (L, JP)   Diversified Metals & Mining 86 17 15 22

March 21, 2024


Mid sized companies - similar region as IGO

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Ramelius Resources (M, AU)  Gold Production
1. Ramelius Resources (M, AU)   Gold Production 64 99 89 100
2. Champion Iron (L, AU)  Steel
2. Champion Iron (L, AU)   Steel 72 91 65 98
3. Coronado Global Resources (L, AU)  Steel
3. Coronado Global Resources (L, AU)   Steel 92 27 54 96
4. Beach (L, AU)  Oil & Gas Production
4. Beach (L, AU)   Oil & Gas Production 84 65 81 96
5. Westgold Resources (M, AU)  Gold Production
5. Westgold Resources (M, AU)   Gold Production 57 97 65 91
6. Austal (L, AU)  Aerospace & Defense
6. Austal (L, AU)   Aerospace & Defense 51 99 49 89
7. Perenti (L, AU)  Diversified Metals & Mining
7. Perenti (L, AU)   Diversified Metals & Mining 100 57 46 86
8. Collins Foods (L, AU)  Restaurants
8. Collins Foods (L, AU)   Restaurants 85 87 17 83
9. Perpetual (M, AU)  Asset Management & Custody
9. Perpetual (M, AU)   Asset Management & Custody 73 33 82 80
10. Steadfast Group (M, AU)  Insurance Brokers
10. Steadfast Group (M, AU)   Insurance Brokers 8 94 65 77

March 21, 2024



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