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IGO Limited’s Voting Power in Buxton Resources Diminished

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IGO Limited’s Voting Power in Buxton Resources Diminished

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

IGO Limited has experienced a reduction in its voting power in Buxton Resources Limited due to the dilution effect following Buxton’s issuance of additional ordinary shares. This change, announced on June 6, 2025, reflects a decrease in IGO’s voting power from 15.52% to 12.10%, impacting its influence over Buxton’s corporate decisions.

The most recent analyst rating on (AU:IGO) stock is a Hold with a A$3.50 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 development of mineral resources. The company is involved in producing and supplying various minerals, with a notable presence in the Australian market.

Average Trading Volume: 4,452,550

Technical Sentiment Signal: Sell

Current Market Cap: A$3.12B

Learn more about IGO stock on TipRanks’ Stock Analysis page.

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