IGO Shares float
What is the Shares float of IGO?
The Shares float of IGO Limited is 668.332M 88.26%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Materials sector on ASX compared to IGO
What does IGO do?
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 in the Great Western Woodlands, northeast of Norseman. The company's primary properties are the Fraser Range nickel-copper and Paterson copper projects. It focuses on investing in lithium mines, as well as holds 100% interest in the downstream processing refinery at Kwinana in Western Australia to produce battery grade lithium hydroxide. The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020. IGO Limited was incorporated in 2000 and is headquartered in Perth, Australia.
Companies with shares float similar to IGO
- Veeko International has Shares float of 666.515M 26.47%
- Pacific Legend has Shares float of 666.758M 50.51%
- Fortinet has Shares float of 667.128M 391.58%
- Mercury NZ has Shares float of 667.141M 48.97%
- Shougang Concord Century has Shares float of 667.233M 35.14%
- Doumob has Shares float of 668.127M 29.05%
- IGO has Shares float of 668.332M 88.26%
- MetLife has Shares float of 668.959M 79.53%
- MetLife has Shares float of 668.959M 67.79%
- MetLife has Shares float of 668.959M
- Downer EDI has Shares float of 670.078M 98.01%
- Zhongsheng has Shares float of 670.124M 27.75%
- BPH has Shares float of 670.290M 100.81%