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IGO (AU:IGO)
ASX:IGO
IGO Stock Chart & Stats
AU$7.69
-AU$0.04(-0.80%)
At close: 4:00 PM EST
AU$7.69
-AU$0.04(-0.80%)
Day’s Range― - ―
52-Week RangeAU$3.09 - AU$9.50
Previous CloseN/A
Volume1.50M
Average Volume (3M)4.81M
Market Cap
AU$5.81B
Enterprise ValueAU$5.30B
Total Cash (Recent Filing)AU$411.00M
Total Debt (Recent Filing)AU$21.80M
Price to Earnings (P/E)―
Beta1.54
Next Earnings
Aug 27, 2026EPS Estimate
0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding757,267,800
10 Day Avg. Volume4,390,707
30 Day Avg. Volume4,806,635
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.51
Price to Sales (P/S)6.32
P/FCF Ratio83.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$8.10Price Target Upside5.36% Upside
Rating ConsensusHold
Number of Analyst Covering10
EPS Forecast (FY)0.22
Revenue Forecast (FY)AU$405.47M
Bulls Say, Bears Say
Bulls Say
Conservative LeverageA relatively low debt-to-equity ratio provides durable financial flexibility. Conserved leverage reduces refinancing and solvency risk through commodity cycles, allowing IGO to fund operations, JV obligations and opportunistic investments without immediate reliance on equity raises.
Strong Operational ExecutionHigh-margin performance at Greenbushes and Nova meeting guidance indicate operational competence and cost control. Sustained strong site-level margins and reliable production underpin cash generation capacity and support long-term earnings resilience despite commodity volatility.
Solid Liquidity BufferA combined cash balance and undrawn facility provides a meaningful liquidity cushion. This durable liquidity supports near-term obligations, funds remediation or capex at underperforming assets, and preserves strategic optionality during cyclical downturns.
Bears Say
Declining Revenue And Negative MarginsPersistent revenue decline and negative margins undermine return generation and internal reinvestment. Continued margin shortfalls compress ROE, limit ability to self-fund growth or dividends, and signal the need for structural cost or portfolio changes to restore profitability.
Weak Cash Flow ConversionPoor conversion of earnings into operating cash reduces financial resilience. Lower free cash flow increases reliance on facilities, constrains capex and JV payments, and heightens exposure to liquidity stress if commodity prices or operating conditions deteriorate.
Kwinana Refinery Impairment And Operational RiskA full impairment at Kwinana signals material asset underperformance and lost future cash flows from refining. Ongoing equipment issues create structural production and cost risk, threaten related dividend flows (eg TLEA), and may require further capex or write-downs.
IGO News
IGO FAQ
What was IGO’s price range in the past 12 months?
IGO lowest share price was AU$3.09 and its highest was AU$9.50 in the past 12 months.
What is IGO’s market cap?
IGO’s market cap is AU$5.81B.
When is IGO’s upcoming earnings report date?
IGO’s upcoming earnings report date is Aug 27, 2026 which is in 163 days.
How were IGO’s earnings last quarter?
IGO released its earnings results on Feb 18, 2026. The company reported -AU$0.052 earnings per share for the quarter, missing the consensus estimate of -AU$0.034 by -AU$0.018.
Is IGO overvalued?
According to Wall Street analysts IGO’s price is currently Undervalued.
Does IGO pay dividends?
IGO pays a Semiannually dividend of AU$0.26 which represents an annual dividend yield of N/A. See more information on IGO dividends here
What is IGO’s EPS estimate?
IGO’s EPS estimate is 0.27.
How many shares outstanding does IGO have?
IGO has 757,267,800 shares outstanding.
What happened to IGO’s price movement after its last earnings report?
IGO reported an EPS of -AU$0.052 in its last earnings report, missing expectations of -AU$0.034. Following the earnings report the stock price went down -4.819%.
Which hedge fund is a major shareholder of IGO?
Currently, no hedge funds are holding shares in AU:IGO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
IGO Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
AU$8.10 (5.36% Upside)
AU$8.10 (5.36% Upside)
Blogger Sentiment
Bullish
AU:IGO Sentiment 77%
Sector Average ―
Sector Average ―
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.22%
12-Months-Change
Fundamentals
Return on Equity
-35.65%
Trailing 12-Months
Asset Growth
-35.17%
Trailing 12-Months
Company Description
IGO
IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located to the east northeast of Norseman in the Great Western Woodlands of Western Australia; a 100% interest in the Cosmos nickel operation located to the north of Leinster in Western Australia; and a 100% interest in the Forrestania nickel operation located to the east of Perth in Western Australia. The company also focuses on investing in lithium mines, as well as holds 100% interest in the downstream processing refinery at Kwinana in Western Australia to produce battery grade lithium hydroxide. In addition, it owns and operates various projects, including Fraser Range, Kimberley, Paterson, Copper Coast, Frontier, Raptor, and Western Gawler projects. The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020. IGO Limited was incorporated in 2000 and is headquartered in Perth, Australia.
IGO Company Deck
IGO Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong operational performance and improvements in safety and financial positions, but these positives were offset by challenges in the lithium market and ongoing issues at the Kwinana refinery. Overall, the sentiment is balanced with noteworthy achievements and significant challenges.View all AU:IGO earnings summariesIGO Stock 12 Month Forecast
Average Price Target
AU$8.10
▲(5.36% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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