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IGO (AU:IGO)
ASX:IGO
IGO Stock Chart & Stats
AU$7.75
-AU$0.04(-0.80%)
At close: 4:00 PM EST
AU$7.75
-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$5.96B
Enterprise ValueAU$5.59B
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
0.21Next 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$7.97Price Target Upside2.79% Upside
Rating ConsensusHold
Number of Analyst Covering10
EPS Forecast (FY)0.22
Revenue Forecast (FY)AU$403.97M
Bulls Say, Bears Say
Bulls Say
High‑margin OperationsGreenbushes’ 60% quarterly EBITDA and Nova meeting guidance show durable operational strength and high-margin asset performance. Consistently strong site-level cash generation supports ongoing funding for operations, JV distributions and selective reinvestment, helping buffer commodity cyclicality over months.
Strong Liquidity PositionHolding $280m cash plus a $300m available facility provides multi-quarter runway to address operational remediations, capital needs and working capital fluctuations. Structural liquidity reduces near-term refinancing risk and preserves optionality to invest or stabilise payouts during cyclical commodity weakness.
Conservative LeverageIGO’s relatively low debt-to-equity and conservative leverage underpin financial flexibility to absorb cyclical downturns and fund priority projects without excessive refinancing. This balance-sheet conservatism supports solvency, lender confidence and the ability to pursue strategic options while profitability recovers and maintains partner trust.
Bears Say
Declining Revenue And Negative MarginsPersistent revenue decline and negative gross and net margins signal structural profitability weaknesses. Over the medium term this erodes retained earnings and ROE, limits reinvestment and dividend capacity, and increases the likelihood management must restructure operations or monetise assets to restore financial health.
Weak Cash ConversionA significant drop in free cash flow and OCF that lags net income (OCF/net income <1) indicates poor cash conversion. Structurally this constrains capital allocation, raises reliance on credit facilities, heightens execution risk for remediation projects and increases the chance of deferring growth or returning less cash to shareholders.
Kwinana Refinery Impairment And Operational RiskOngoing equipment failures and a full impairment of Train 1 at Kwinana represent material operational and asset‑quality risk in IGO’s lithium processing chain. This reduces processing capacity, lowers expected future JV/dividend flows, and likely requires capital-intensive remediation that delays returns and raises project execution risk.
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$5.96B.
When is IGO’s upcoming earnings report date?
IGO’s upcoming earnings report date is Aug 27, 2026 which is in 172 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 0.21.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
AU$7.97 (2.79% Upside)
AU$7.97 (2.79% Upside)
Blogger Sentiment
Bullish
AU:IGO Sentiment 77%
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
-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$7.97
▲(2.79% Upside)
Technical Analysis
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Mineral Resources Limited
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Nickel Mines Ltd.
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Deterra Royalties Ltd
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Options Prices
Currently, No data available
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