IGO (AU:IGO)
ASX:IGO
IGO Stock Chart & Stats
AU$7.93
-AU$0.04(-0.80%)
At close: 4:00 PM EST
AU$7.93
-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$5.99B
Enterprise ValueAU$5.73B
Total Cash (Recent Filing)AU$411.00M
Total Debt (Recent Filing)AU$21.80M
Price to Earnings (P/E)―
Beta1.68
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$8.05Price Target Upside1.53% Upside
Rating ConsensusHold
Number of Analyst Covering10
EPS Forecast (FY)0.23
Revenue Forecast (FY)AU$407.81M
Bulls Say, Bears Say
Bulls Say
Conservative LeverageIGO's relatively low debt-to-equity and stable equity base provide financial flexibility across commodity cycles. Conservative leverage reduces refinancing risk and supports disciplined capital allocation, enabling funding of operating needs and JV commitments while navigating cyclical metal markets.
Improved Cash GenerationRecent operating cash inflow (AUD 28m) and underlying free cash flow (AUD 29m) demonstrate improved cash generation versus the prior period. Sustained positive cash flow strengthens liquidity, funds remediation of underperforming assets, and underpins disciplined capex and JV obligations over coming quarters.
Greenbushes Resource UpsideResource and reserve optimization at Greenbushes—~10% more surface metal, lower strip ratio and a new underground resource—improves long-term optionality. Structural reserve gains and lower mining intensity can reduce unit costs and support sustainable production or future phased expansions.
Bears Say
Declining RevenueA ~31.7% revenue decline and negative margins signal persistent scale and profitability erosion. Lower sales volume and pricing reduce operating leverage, make fixed-cost absorption harder, and mean the company needs structural demand or material operational fixes to restore sustainable profitability.
Kwinana Impairment And LossesKwinana's full impairment and significant loss represent a durable asset and execution risk. Impaired, underperforming assets can be ongoing cash drains, complicate JV partner negotiations and capital allocation, and require restructuring or further write-downs that weigh on returns for multiple reporting periods.
Weak Cash Conversion TrendsA notable fall in free cash flow growth and operating cash flow-to-net income below 1 indicate weak cash conversion. Structurally poor cash conversion limits reinvestment, raises liquidity sensitivity to commodity cycles, and constrains discretionary spending or recovery investments without external funding.
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$5.99B.
When is IGO’s upcoming earnings report date?
IGO’s upcoming earnings report date is Aug 27, 2026 which is in 150 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
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
AU$8.05 (1.53% Upside)
AU$8.05 (1.53% Upside)
Blogger Sentiment
Bullish
AU:IGO Sentiment 77%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $103.8K over
the Last 3 Months
the Last 3 Months
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 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
Mixed/Neutral. The call highlighted clear operational and cash-flow improvements (notably at Nova), strong balance sheet liquidity and constructive early signals from CGP3 plus meaningful resource/reserve optimization upside at Greenbushes. However, these positives are offset by a substantial revenue decline (-31.7%), an underlying net loss, the fully impaired and underperforming Kwinana asset, initial CGP3 commissioning delays and ongoing execution/timing risks at Greenbushes. Management tone was constructive and focused on disciplined capital allocation and operational fixes, but material challenges remain.View all AU:IGO earnings summariesIGO Stock 12 Month Forecast
Average Price Target
AU$8.05
▲(1.53% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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