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Igo Limited (MX:IGON)
OTHER OTC:IGON

IGO (IGON) Price & Analysis

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IGON Stock Chart & Stats

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Bulls Say, Bears Say

Bulls Say
Strategic Exposure To Clean-energy MineralsIGO’s portfolio centres on lithium and base metals and includes operated assets plus equity stakes and JVs. That structural exposure aligns with secular electrification demand, supporting durable revenue opportunity as global EV and battery supply chains expand over the medium term.
Conservative Balance Sheet LeverageA relatively low debt-to-equity ratio and stable equity base give IGO financial flexibility to fund commissioning, capex or cover shortfalls without forcing distressed asset sales. Conserved leverage supports long-term resilience through commodity cycles and execution phases.
Improving Operational Cash Generation (Nova)Operational improvement and stronger cash generation at Nova materially improve near-term free cash flow and reduce funding stress. As a late‑life, lower‑capex asset it can provide durable cash support while management executes optimization and portfolio transitions.
Bears Say
Declining Revenue And Negative MarginsA sustained revenue decline and negative gross/net margins indicate the company is failing to cover operating costs from core commodity sales. This weak profitability undermines reinvestment capacity, compresses returns to shareholders and raises reliance on asset sales or JV payouts for cash.
Kwinana Impairment And Ongoing LossesA fully impaired, underperforming processing asset is a lasting drain on earnings and capital allocation. Continued uncertainty over Kwinana’s future and partner negotiations increases execution risk, potential further write‑downs, and complicates long‑term margin recovery at the group level.
Execution/timing Risk At Greenbushes (CGP3)Commissioning delays and plant performance issues at a core growth asset create structural volume and EBITDA timing risk. Given Greenbushes’ centrality to future processing optionality, persistent execution shortfalls could defer planned capacity gains and pressure medium‑term cash generation.

IGON FAQ

What was Igo Limited’s price range in the past 12 months?
Currently, no data Available
What is Igo Limited’s market cap?
Igo Limited’s market cap is $60.43B.
    When is Igo Limited’s upcoming earnings report date?
    Igo Limited’s upcoming earnings report date is Aug 27, 2026 which is in 32 days.
      How were Igo Limited’s earnings last quarter?
      Igo Limited released its earnings results on Feb 18, 2026. The company reported -$0.635 earnings per share for the quarter, missing the consensus estimate of -$0.415 by -$0.22.
        Is Igo Limited overvalued?
        According to Wall Street analysts Igo Limited’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Igo Limited pay dividends?
          Igo Limited does not currently pay dividends.
          What is Igo Limited’s EPS estimate?
          Igo Limited’s EPS estimate is 3.24.
            How many shares outstanding does Igo Limited have?
            Currently, no data Available
            What happened to Igo Limited’s price movement after its last earnings report?
            Igo Limited reported an EPS of -$0.635 in its last earnings report, missing expectations of -$0.415. Following the earnings report the stock price went same N/A.
              Which hedge fund is a major shareholder of Igo Limited?
              Currently, no hedge funds are holding shares in MX:IGON
              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

                Company Description

                Igo Limited

                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 (IGON) Earnings & Revenues

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