IGO · ASX

IGO Limited (ASX:IGO)

AU$4.86

 -0.11 (-2.213%)
ASX:Live
03/09/2025 12:50:44 PM
Recent Earnings downgrade HALO Ords HALO Balance Sheet HALO 200 HALO 100 +8
Consensus Score
/10
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IGO Overview

IGO Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Strong

Growth

Earnings

Neutral

Dividends

Very Strong

Quality

Capital Efficiency

Strong

Balance Sheet

Very Weak

About IGO

Website

IGO Limited

Telephone

61.8.9238.8300

Address

Level 5, Suite 4 85 South Perth Esplanade South Shore Centre South Perth, Western Australia (WA) 6151

Description

IGO Ltd. is a mining and exploration company focused on metals critical to clean energy, primarily nickel, copper, cobalt and lithium. The company's operations include the Nova Nickel-Copper Cobalt Project, located east of Norseman in Western Australia, which is an underground mine and processing operation which supplies nickel and copper concentrates. IGO is also invested in a joint venture with Tianqi Lithium Corporation which holds interests in the Greenbushes Lithium Mine and a downstream lithium hydroxide refinery located in Kwinana, Western Australia. The company is also active in exploration for new nickel, copper and lithium deposits, with significant landholdings in Western Australia, Northern Territory, South Australia and also in Greenland. The company was founded in May 2000 and is headquartered in South Perth, Australia.

IGO Price Chart

Key Stats

Market Cap

AU$3.76B

PE

N/A

EV/EBITDA

167.7

Dividends Overview

DIV Yield

.1%

Franking

100%

Ex Dividend Date (est.)

11-Sep-24

Market Data

52 weeks range

Low 3.09 - 6.03

Trade Value (12mth)

AU$5,431,381.00

1 week

-2.55%

1 month

8.52%

YTD

2.26%

1 year

-3.68%

All time high

17.32

Key Fundamentals

EPS 3 yr Growth

-388.50%

EBITDA Margin

-5.00%

Operating Cashflow

$38m

Free Cash Flow Return

1.40%

ROIC

-35.80%

Interest Coverage

-3.50

Quick Ratio

4.80

Other Data

Shares on Issue (Fully Dilluted)

756m

HALO Sector

Mining

Next Company Report Date

27-Aug-26

Ex Dividend Date (est.)

11-Sep-24

Next Dividend Pay Date (est.)

26-Sep-24

Reporting Currency

AUD

Short Sell (% of issue)

3.64

IGO Announcements

Latest Announcements

Date Announcements

29 August 25

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

28 August 25

Appendix 4E

×

Appendix 4E

28 August 25

2025 Annual Report

×

2025 Annual Report

28 August 25

FY25 Financial Results

×

FY25 Financial Results

28 August 25

FY25 Results Presentation

×

FY25 Results Presentation

28 August 25

2025 Corporate Governance Statement and Appendix 4G

×

2025 Corporate Governance Statement and Appendix 4G

28 August 25

2025 Sustainability Report

×

2025 Sustainability Report

28 August 25

FY25 Mineral Resources and Ore Reserves Report

×

FY25 Mineral Resources and Ore Reserves Report

25 August 25

Change in substantial holding

×

Change in substantial holding

21 August 25

FY25 Full Year Results Webcast

×

FY25 Full Year Results Webcast

18 August 25

Final Director's Interest Notice

×

Final Director's Interest Notice

08 August 25

Director Resignation

×

Director Resignation

04 August 25

MM8: Acqn of Forrestania Plant & Infrastructure Binding

×

MM8: Acqn of Forrestania Plant & Infrastructure Binding

30 July 25

June 2025 Quarterly Activities Report

×

June 2025 Quarterly Activities Report

30 July 25

June 2025 Quarterly Presentation

×

June 2025 Quarterly Presentation

23 July 25

June 2025 Quarterly Results Webcast

×

June 2025 Quarterly Results Webcast

11 July 25

CWX: IGO to Withdraw from Fraser Range Joint Venture

×

CWX: IGO to Withdraw from Fraser Range Joint Venture

10 July 25

Notification regarding unquoted securities - IGO

×

Notification regarding unquoted securities - IGO

09 July 25

Notification of cessation of securities - IGO

×

Notification of cessation of securities - IGO

30 June 25

Notification regarding unquoted securities - IGO

×

Notification regarding unquoted securities - IGO

27 June 25

Board Renewal and Succession

×

Board Renewal and Succession

26 June 25

Becoming a substantial holder

×

Becoming a substantial holder

24 June 25

Executive Leadership Team Appointment

×

Executive Leadership Team Appointment

20 June 25

Change in substantial holding for BUX

×

Change in substantial holding for BUX

28 May 25

ENR: ENR regains 100% of Yeneena Copper - Paterson Province

×

ENR: ENR regains 100% of Yeneena Copper - Paterson Province

IGO Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.73 0.00 -1.26 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.72 0.00 -1.26 Lock Lock Lock
     Growth % Lock Lock Lock Lock 65.9 -99.5 -34,170.3 Lock Lock Lock
     PE X Lock Lock Lock Lock 7.3 9.2 N/A Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 5.3 6.0 167.7 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 2.05 1.24 0.05 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 1.19 0.21 -0.22 Lock Lock Lock
     Growth % Lock Lock Lock Lock 261.5 -39.4 -96.1 Lock Lock Lock
     Yield % Lock Lock Lock Lock 7.8 3.7 -5.2 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.58 0.37 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock 480.0 -36.2 -100.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 2.5 4.1 0.1 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 80 200 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 5.01 4.24 2.77 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 5.01 4.24 2.77 Lock Lock Lock
     Growth % Lock Lock Lock Lock 10.4 -15.3 -34.8 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 760 760 757 Lock Lock Lock
Basic m Lock Lock Lock Lock 757 757 757 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Income Statement
Sales $m Lock Lock Lock Lock 1,050 796 500 Lock Lock Lock
     Growth % Lock Lock Lock Lock 24.2 -24.1 -37.2 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 63 60 79 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 203 -135 -176 Lock Lock Lock
     Growth % Lock Lock Lock Lock -37.9 -166.2 -31.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 19.4 -16.9 -35.3 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 81 117 135 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 430 42 -25 Lock Lock Lock
     Growth % Lock Lock Lock Lock -9.2 -90.2 -159.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 41.0 5.3 -5.0 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 290 226 230 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 140 -184 -256 Lock Lock Lock
     Growth % Lock Lock Lock Lock -52.9 -231.1 -39.2 Lock Lock Lock
     Margin % Lock Lock Lock Lock 13.3 -23.1 -51.1 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -923 -647 -405 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 131 -97 -92 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 549 3 -955 Lock Lock Lock
     Growth % Lock Lock Lock Lock 65.9 -99.5 -34,192.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 52.3 0.4 -191.0 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 1,387 890 38 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 338 199 5 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -294 -240 -4 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -727 -944 -223 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 1,050 694 33 Lock Lock Lock
     Growth % Lock Lock Lock Lock 199.0 -33.8 -95.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 1.0 0.9 0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 730 796 719 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 838 530 344 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 4,738 3,567 2,356 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 225 26 11 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -406 -482 -312 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 948 358 264 Lock Lock Lock
Equity $m Lock Lock Lock Lock 3,790 3,209 2,092 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 4,015 3,236 2,103 Lock Lock Lock
     Growth % Lock Lock Lock Lock -4.2 -19.4 -35.0 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 11.6 0.1 -40.5 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 14.5 0.1 -45.6 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 3.3 -4.9 -9.5 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 13.4 0.1 -35.8 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 33.8 24.5 1.4 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Leverage
Interest Cover X Lock Lock Lock Lock 10.5 2.6 -3.5 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.9 -11.4 12.4 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -10.7 -15.0 -14.9 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 2.8 5.9 5.6 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 2.4 4.9 4.8 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 73.5 69.9 70.6 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 338.3 686.0 43.3 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 7.8 6.6 6.6 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 7.7 7.3 7.2 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 1.4 1.3 1.3 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 15.3 8.6 9.5 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.2 0.2 0.2 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.2 0.2 0.2 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock -87.9 -81.2 -81.0 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock -19.5 -18.1 -17.2 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 11.6 0.1 -40.5 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.3 1.1 1.1 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 14.5 0.1 -45.6 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 20.0 -9,900.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 2.9 -8.6 -45.6 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 47.1 50.2 50.4 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 46.9 55.3 55.2 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 94.1 105.6 105.6 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 62.8 45.8 34.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 31.2 59.8 71.6 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

11-Sep-24

DIV Yield

.1%

Franking Level

100%

DPSg

-100.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

6.75%

Value ($M)

227

Prior Change

-0.10%

7 Day Change

-0.40%

1 Month Change

-0.80%

3 Month Change

-1.20%

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IGO Shortsell

Frequently Asked Questions

The current share price of IGO Limited (IGO:ASX) is AU$4.86.
The 52-week high share price for IGO Limited (IGO:ASX) is AU$6.03.
The 52-week low share price for IGO Limited (IGO:ASX)? is AU$3.09.
The current TTM dividend payout for IGO Limited (IGO:ASX) is 0.10.
The last dividend payment of IGO Limited (IGO:ASX) is AU$0.26.
IGO Limited (IGO:ASX) has a franking level of 100.0%.
IGO Limited (IGO:ASX) is classified in the Mining.
The current P/E ratio for IGO Limited (IGO:ASX) is .
The current share price of IGO Limited (IGO:ASX) is AU$4.86.
The 52-week high share price for IGO Limited (IGO:ASX) is AU$6.03.
The 52-week low share price for IGO Limited (IGO:ASX)? is AU$3.09.
The current TTM dividend payout for IGO Limited (IGO:ASX) is 0.10.
The last dividend payment of IGO Limited (IGO:ASX) is AU$0.26.
IGO Limited (IGO:ASX) has a franking level of 100.0%.
IGO Limited (IGO:ASX) is classified in the Mining.
The current P/E ratio for IGO Limited (IGO:ASX) is .
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HALO Technologies Pty Ltd ABN 54 623 830 866 is a Corporate Authorised Representative No 1261916 of Macrovue Pty Ltd ABN 98 600 022 679 AFSL 484264. Macrovue Pty Ltd is a wholly owned subsidiary of HALO Technologies Pty Ltd.