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An update from IGO ( (AU:IGO) ) is now available.
Medallion Metals Limited, a company focused on sulphide production and gold exploration, has reached a significant milestone in its acquisition of the Forrestania Nickel Operation from IGO Ltd. The company has finalized the Ancillary Agreements, which include mineral rights deeds, a royalty deed, and an option deed, marking a key step towards completing the acquisition. This development is expected to enhance Medallion’s strategic positioning in the region, supporting its production strategy and exploration efforts in the Forrestania greenstone belt.
The most recent analyst rating on (AU:IGO) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on IGO stock, see the AU:IGO Stock Forecast page.
More about IGO
Average Trading Volume: 4,575,966
Technical Sentiment Signal: Sell
Current Market Cap: A$3.95B
Learn more about IGO stock on TipRanks’ Stock Analysis page.