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IGO Stock Chart & Stats
AU$9.25
-AU$0.04(-0.80%)
At close: 4:00 PM EST
AU$9.25
-AU$0.04(-0.80%)
Day’s Range― - ―
52-Week RangeAU$4.10 - AU$10.05
Previous CloseN/A
Volume1.50M
Average Volume (3M)4.81M
Market Cap
AU$5.21B
Enterprise ValueAU$6.39B
Total Cash (Recent Filing)AU$411.00M
Total Debt (Recent Filing)AU$21.80M
Price to Earnings (P/E)―
Beta1.76
Next Earnings
Aug 27, 2026EPS Estimate
0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.28
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$8.62Price Target Upside-6.81% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)0.75
Revenue Forecast (FY)AU$113.90M
Bulls Say, Bears Say
Bulls Say
Strong Liquidity And Cash GenerationIGO’s materially improved operating cash inflow and near‑term liquidity (AUD 299m cash plus a AUD 300m undrawn facility) provide durable financial flexibility. This reduces refinancing risk, shields capital allocation choices, and funds operational fixes or JV support without immediate asset sales.
Improved Operational Performance At NovaNova’s safer, steadier operations and lower unit costs produce reliable cash flow as the mine approaches end‑of‑life. This stable free cash contribution is durable over months, underpinning working capital and enabling disciplined capital allocation while management executes portfolio transitions.
Resource And Reserve Optimization At GreenbushesMaterial reserve/resource improvement (higher surface metal, lower strip ratios and added underground resource) increases recoverable inventory and optionality. Structurally this can lift future volumes and lower unit mining costs, supporting margins and long‑term processing plans.
Bears Say
Material Revenue DeclineA ~32% revenue decline reflects weaker commodity volumes/prices and asset downtime (e.g., Forrestania care & maintenance). Sustained lower top line pressures EBITDA, limits reinvestment capacity and lengthens recovery timelines for margins and free cash flow over the next several months.
Underlying Net Loss And Negative ProfitabilityAn ongoing underlying net loss indicates the business is not yet profitable despite cost cuts. Persistent negative margins erode equity, constrain balance sheet rebuilding, and limit capacity to self‑fund growth or returns, creating multi‑month pressure on strategic investments.
Execution Risk: CGP3 Delays And Greenbushes UnderperformanceCommissioning setbacks and plant underperformance create structural execution risk: delayed ramp reduces near‑term production and cash generation, may raise sustaining or remedial capital needs, and increases uncertainty for the multi‑year downstream processing plan and margins.
IGO News
IGO FAQ
What was IGO’s price range in the past 12 months?
IGO lowest share price was AU$4.10 and its highest was AU$10.05 in the past 12 months.
What is IGO’s market cap?
IGO’s market cap is AU$5.21B.
When is IGO’s upcoming earnings report date?
IGO’s upcoming earnings report date is Aug 27, 2026 which is in 44 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 Overvalued.
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
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$8.62 (-6.81% Downside)
AU$8.62 (-6.81% Downside)
Blogger Sentiment
Bullish
AU:IGO Sentiment 100%
Sector Average 72%
Sector Average 72%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.22%
12-Months-Change
Fundamentals
Return on Equity
-9.95%
Trailing 12-Months
Asset Growth
-0.33%
Trailing 12-Months
Company Description
IGO
IGO Limited is an Australian exploration and mining firm dedicated to discovering, developing, and operating mineral assets essential for clean energy technologies. The company holds outright ownership and management of several key Western Australian operations, including the Nova nickel-copper-cobalt mine, situated northeast of Norseman in the Great Western Woodlands; the Cosmos nickel mine, located north of Leinster; and the Forrestania nickel mine, positioned east of Perth. Furthermore, IGO strategically invests in lithium mining ventures and fully controls a downstream processing facility at Kwinana, Western Australia, which refines lithium into battery-grade hydroxide. Its comprehensive portfolio also encompasses a range of other exploration and development projects, such as Fraser Range, Kimberley, Paterson, Copper Coast, Frontier, Raptor, and Western Gawler. Established in 2000 and headquartered in Perth, Australia, the company previously operated under the name Independence Group NL before adopting IGO Limited in January 2020.
IGO Stock 12 Month Forecast
Average Price Target
AU$8.62
▼(-6.81% Downside)
Technical Analysis
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Options Prices
Currently, No data available
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