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IGO ( (AU:IGO) ) has shared an update.
IGO Limited reported a significant financial downturn for the fiscal year ending June 2025, with a revenue of $527.8 million, marking a 60% decrease from the previous year, and a net loss of $954.6 million. The company did not propose any dividends for the year, and the net tangible assets per share decreased to $2.76 from $4.24. This financial performance may impact IGO’s market positioning and stakeholder confidence.
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 and exploration industry, primarily focused on the extraction and production of nickel, copper, and cobalt. The company is based in Western Australia and is listed on the Australian Securities Exchange (ASX).
Average Trading Volume: 4,799,553
Technical Sentiment Signal: Sell
Current Market Cap: A$3.9B
See more data about IGO stock on TipRanks’ Stock Analysis page.