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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$5.12B
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)0.76
Revenue Forecast (FY)AU$113.62M
Bulls Say, Bears Say
Bulls Say
Clean-energy Commodity ExposureIGO's portfolio centers on lithium and base metals tied to electrification, giving structural demand exposure. This positions the company to capture medium-term growth from secular EV and battery trends, supporting revenue potential and strategic relevance over 2-6 months.
Improved Cash Generation And LiquidityIGO swung to positive operating cash flow and free cash flow with a sizeable cash balance and an undrawn facility. That liquidity buffer and cash generation improvement provide durable flexibility to fund repairs, support JV commitments or cover timing mismatches without urgent asset sales.
Resource And Reserve Optimization UpsideUpdated Greenbushes optimisation increased surface metal and reduced strip ratio, plus new underground resource optionality. These structural reserve improvements can lower unit costs, extend mine life and improve medium-term margin sustainability if operational execution follows.
Bears Say
Declining Revenue And Negative MarginsMaterial revenue decline and negative gross/net margins weaken scale economics and reduce cash generation potential. Over the medium term this constrains reinvestment, raises the risk of further impairments, and forces continued capital discipline to stabilize fundamentals.
Underperforming Kwinana Asset And ImpairmentA fully impaired, loss-making processing asset imposes a permanent hit to returns and creates strategic uncertainty while discussions with JV partners continue. This degrades earnings quality and may require contingent costs or restructuring that weigh on medium-term cash flow.
Execution And Timing Risk At Greenbushes/CGP3Commissioning delays and underperformance at Greenbushes/CGP3 create persistent production and timing risk. Delayed throughput reduces near-term volumes and raises unit costs, deferring expected benefits from new capacity and pressuring cash generation over the coming quarters.
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$5.12B.
When is IGO’s upcoming earnings report date?
IGO’s upcoming earnings report date is Aug 27, 2026 which is in 47 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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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 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$8.62
▼(-6.81% Downside)
Technical Analysis
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Nickel Mines Ltd.
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Vulcan Energy Resources Ltd.
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Options Prices
Currently, No data available
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