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IGO Stock Chart & Stats
AU$6.56
AU$0.19(2.90%)
At close: 4:00 PM EDT
AU$6.56
AU$0.19(2.90%)
Day’s Range― - ―
52-Week RangeAU$4.10 - AU$10.05
Previous CloseN/A
Volume2.17M
Average Volume (3M)4.81M
Market Cap
AU$5.19B
Enterprise ValueAU$5.81K
Total Cash (Recent Filing)AU$411.00M
Total Debt (Recent Filing)AU$21.80M
Price to Earnings (P/E)―
Beta1.77
Next Earnings
Aug 27, 2026EPS Estimate
0.24Next 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$8.08Price Target Upside23.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)0.76
Revenue Forecast (FY)AU$120.07M
Bulls Say, Bears Say
Bulls Say
Balance Sheet LiquidityIGO's strong liquidity position provides a durable buffer against commodity cycles and execution delays. AUD 299m cash plus a AUD 300m undrawn facility supports working capital, funds CGP3 ramp and optimization work, reduces near-term refinancing risk and preserves strategic optionality over the next 2-6 months.
Operational Improvement At NovaImproved Nova performance increases predictable near-term free cash flow and lowers unit costs, providing a reliable earnings pillar as higher-risk assets are addressed. As Nova approaches end-of-life, stable operations help fund closure/transition costs and offset volatility elsewhere in the portfolio.
Reserve/resource Upside At GreenbushesMeaningful resource and reserve optimization improves mine economics and optionality. Higher surface metal and a larger resource base can lower strip ratios, raise recoverable tonnes and support longer-term processing throughput or phased expansions (CGP4 consideration), strengthening medium-term supply and margin prospects.
Bears Say
Sustained Revenue DeclineA ~32% revenue drop signals structural pressure from lower volumes/prices and asset idling; persistent top-line weakness reduces operating leverage, limits cash generation and constrains reinvestment. Over a multi-month horizon, continued revenue weakness impedes recovery even if operational fixes progress.
Underlying Net LossRecurring underlying losses undermine return on equity and limit capacity to resume shareholder distributions or fund growth internally. Loss-making operations force reliance on cash buffers, cost control or asset sales and raise the bar for management to restore sustainable profitability in the coming quarters.
Kwinana Underperformance & ImpairmentA fully impaired, loss-making Kwinana is a persistent drag on group profitability and cash returns. Ongoing discussions on the asset's future create execution and disposal uncertainty, divert management attention and may lead to further write-downs or prolonged low returns while solutions are sought.
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$5.19B.
When is IGO’s upcoming earnings report date?
IGO’s upcoming earnings report date is Aug 27, 2026 which is in 25 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 0.24.
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
Moderate Buy
Average Price Target:
AU$8.08 (23.14% Upside)
AU$8.08 (23.14% Upside)
Blogger Sentiment
Bullish
AU:IGO Sentiment 90%
Sector Average ―
Sector Average ―
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
―
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$8.08
▲(23.14% Upside)
Technical Analysis
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