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IGO ( (AU:IGO) ) has provided an update.
IGO Limited has announced the issuance of new unquoted securities, including 2,423,704 performance rights and 1,080,284 service rights, as part of its employee incentive scheme. This move is likely aimed at enhancing employee engagement and aligning their interests with company performance, potentially strengthening IGO’s operational capabilities and market position.
The most recent analyst rating on (AU:IGO) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on IGO stock, see the AU:IGO Stock Forecast page.
More about IGO
IGO Limited operates in the mining industry, focusing on the exploration and production of mineral resources. The company is known for its involvement in the extraction of nickel, copper, and cobalt, which are essential for various industrial applications and the growing electric vehicle market.
YTD Price Performance: 45.28%
Average Trading Volume: 4,438,502
Technical Sentiment Signal: Buy
Current Market Cap: A$5.25B
Find detailed analytics on IGO stock on TipRanks’ Stock Analysis page.