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IGO Limited Releases FY25 Mineral Resources and Exploration Update

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IGO Limited Releases FY25 Mineral Resources and Exploration Update

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IGO ( (AU:IGO) ) has shared an update.

IGO Limited has released its FY25 Mineral Resources and Ore Reserves report, along with a summary of exploration activities. The report includes estimates for the Greenbushes and Nova Operations, with a notable update on Greenbushes’ ore processing as a proxy for mining depletion. Additionally, the Cosmos Project and Forrestania Operation have been declassified from JORC Code reportable estimates as they transition into care and maintenance, impacting the company’s operational focus.

The most recent analyst rating on (AU:IGO) stock is a Hold with a A$4.80 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 is a company operating in the mining industry, focusing on mineral resources and ore reserves. It holds a 24.99% interest in the Greenbushes Operation and a 100% interest in the Nova Operation.

Average Trading Volume: 4,799,553

Technical Sentiment Signal: Sell

Current Market Cap: A$3.9B

For a thorough assessment of IGO stock, go to TipRanks’ Stock Analysis page.

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