Explore 3 Stock Ideas & Industry Insights Download Free Report

Company price
4.96 AUD -0.02 ( 0.40%)
Last update at 2026-11-02T05:10:00Z
VOLUME
7969534
Market Cap
3975.66M
P/E
27.63

Momentum Score

…

IGO Limited, together with its subsidiaries, discovers, develops, and delivers battery minerals in Australia. It operates through Nova Operation, Forrestania Operation, Cosmos Project, Lithium Business, and Growth segments. The company explores for nickel, lithium, copper, cobalt, and silver deposits. It is also involved in exploration, business development, and project evaluation activities, as well as sale of concentrates. In addition, the company offers shipping and insurance services. 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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
4.80
Low
4.99
High
52 Week Price Range
4.77
Low
9.99
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

IGO Ltd is an Australian mining company that explores for, develops and operates nickel and copper assets while advancing projects and partnerships focused on battery metals for electric vehicles and energy storage. Long-term EV and grid-storage demand, constrained primary nickel supply and the company’s operating cash flow and project pipeline may support growth and offer exposure to critical materials for decarbonisation.
Key investment risks include commodity-price volatility, operational and project execution challenges, permitting and environmental approvals and geographic concentration of assets in Australia.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
4.98
Dividend Yield
0.96%
Revenue TTM
462.90M
Revenue Per Share
0.61
Gross Profit TTM
271.70M
Debt / Equity
0.01
ROE
6.71%
Net Debt
-369.70M
ROCE
-5.98%
Diluted EPS TTM
0.19

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax 141.20M -1046.70M -647.00M 680.30M 463.50M
Net income 145.30M -954.60M 2.80M 549.10M 330.90M
Selling general administrative - 103.00M 151.20M 221.70M 66.00M
Selling and marketing expenses - 23.40M 21.40M 22.80M 20.80M
Gross profit -79.70M -176.50M -134.60M 611.40M 637.30M
Reconciled depreciation - 226.10M 222.20M 295.00M 175.60M
Ebit -139.90M -1037.20M -81.00M 1581.70M 471.60M
Ebitda 51.70M -811.10M 144.80M 1868.80M 647.30M
Depreciation and amortization 191.60M 226.10M 225.80M 287.10M 175.70M
Operating income -139.90M -255.60M -183.60M 99.40M 352.50M
Other operating expenses 582.20M 755.50M 980.00M 390.50M 18.20M
Interest expense 3.40M 7.20M 16.40M 40.50M 5.10M
Tax provision - -92.10M -97.20M 131.20M 132.60M
Interest income - 15.30M 18.10M 1548.60M 2.20M
Net interest income - 3.80M -1.90M -34.80M -3.80M
Extraordinary items - - - - 0.00M
Income tax expense -4.10M -92.10M -97.20M 131.20M 132.60M
Total revenue 442.30M 499.90M 841.30M 1049.90M 845.20M
Total operating expenses 60.20M 79.10M 49.00M 987.60M 581.00M
Cost of revenue 522.00M 676.40M 931.00M 438.50M 207.90M
Total other income expense net 281.10M -791.10M -463.40M 652.80M 203.00M
Net income from continuing ops - -954.60M 2.80M 549.10M 330.90M
Net income applicable to common shares - -954.60M 2.80M 549.10M 330.90M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 2446.70M 2356.30M 3566.80M 4737.90M 4845.20M
Other current assets 4.80M 9.60M 24.20M 82.70M 49.00M
Total liab 206.50M 263.90M 357.50M 947.70M 1410.00M
Total stockholder equity 2240.20M 2092.40M 3209.30M 3790.20M 3435.20M
Other current liab 52.30M 19.80M 38.50M 249.20M 303.30M
Common stock 2625.40M 2623.70M 2651.20M 2631.50M 2641.80M
Capital stock - 2623.70M 2623.20M 2631.50M 2641.80M
Retained earnings -887.90M -1033.20M 5.10M 594.90M 45.80M
Other liab - - - 313.10M 219.20M
Other assets - - - 73.40M 27.40M
Cash 386.50M 279.70M 468.00M 775.20M 367.10M
Total current liabilities 106.40M 87.60M 129.70M 410.00M 440.00M
Current deferred revenue - - -0.00M -207.50M -209.10M
Net debt -369.70M -248.30M -419.30M -343.10M 580.30M
Short term debt 15.30M 20.50M 22.50M 207.50M 196.60M
Short long term debt - - - 178.40M 176.50M
Short long term debt total 16.80M 31.40M 48.70M 432.10M 947.40M
Other stockholder equity - - -28.00M -3783.00M -3388.10M
Property plant equipment - - - 1078.80M 1996.50M
Total current assets 581.40M 486.30M 759.30M 1139.00M 745.20M
Long term investments - 1598.70M 2202.30M 2446.70M 1994.50M
Net tangible assets - - - 3790.20M 3435.20M
Short term investments 99.10M 63.80M 62.40M 62.40M 126.80M
Net receivables 22.40M 66.40M 84.70M 82.50M 119.80M
Long term debt - - - 179.50M 713.50M
Inventory 68.60M 66.80M 120.00M 136.20M 82.50M
Accounts payable 38.80M 47.30M 68.70M 160.80M 149.20M
Accumulated other comprehensive income 502.70M 501.90M 581.00M 563.80M 747.60M
Non currrent assets other 36.90M - 181.30M 3.90M 82.40M
Non current assets total 1865.30M 1870.00M 2807.50M 3598.90M 4100.00M
Capital lease obligations - 31.40M 48.70M 74.20M 57.40M
Long term debt total - - - 224.60M 750.80M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - -4.00M -240.30M -293.60M -24.50M
Change to liabilities - - - 96.60M 70.20M
Total cashflows from investing activities -1.30M -4.00M -240.30M -293.60M -1281.00M
Net borrowings - - -360.00M -569.50M 895.60M
Total cash from financing activities -23.90M -223.40M -943.70M -726.70M 761.80M
Change to operating activities - - - 55.50M -39.50M
Net income 145.30M -954.60M 2.80M 549.10M 330.90M
Change in cash 106.80M -188.30M -307.20M 408.10M -161.40M
Begin period cash flow 279.70M 468.00M 775.20M 367.10M 528.50M
End period cash flow 386.50M 279.70M 468.00M 775.20M 367.10M
Total cash from operating activities 132.40M 42.90M 872.00M 1423.10M 357.10M
Depreciation 191.60M - 225.80M 304.40M 178.60M
Other cashflows from investing activities - -3.30M -0.20M 44.80M -1192.90M
Dividends paid - -196.90M -537.70M 143.90M 113.60M
Change to inventory -5.90M 46.10M 20.00M -36.60M -0.30M
Change to account receivables 48.70M 16.50M 71.70M 22.10M 25.90M
Sale purchase of stock -3.90M -4.50M -13.10M -13.10M -10.10M
Other cashflows from financing activities -20.00M -22.00M -46.00M -42.60M -14.50M
Change to netincome - - - 581.70M -111.80M
Capital expenditures 1.10M 5.30M 195.30M 338.40M 88.10M
Change in working capital 70.20M 1.20M -48.20M -14.50M 25.60M
Stock based compensation - - 10.30M 11.80M 6.30M
Other non cash items -274.70M 41.70M 691.60M 569.60M -152.40M
Free cash flow 131.30M 37.60M 673.10M 1084.70M 269.00M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
IGO
IGO Ltd
-0.02
0.40%
4.96 27.63 7.33 8.59 1.76 7.73 10.35
BHP
BHP Group Ltd
-0.82
1.42%
56.74 20.18 16.16 4.98 4.19 3.67 7.02
RIO
Rio Tinto Ltd
-1.72
1.17%
145.59 13.73 12.42 3.94 2.63 3.00 7.08
GLC
Glencore Plc
-0.29
2.85%
9.89 15.47 11.72 0.39 2.02 0.41 7.81
FMG
Fortescue Ltd
-
-%
14.27 10.65 13.81 2.65 1.55 1.91 4.43

Profile*

IGO Ltd

IGO Limited, together with its subsidiaries, discovers, develops, and delivers battery minerals in Australia. It operates through Nova Operation, Forrestania Operation, Cosmos Project, Lithium Business, and Growth segments. The company explores for nickel, lithium, copper, cobalt, and silver deposits. It is also involved in exploration, business development, and project evaluation activities, as well as sale of concentrates. In addition, the company offers shipping and insurance services. 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.

South Shore Centre, Perth, WA, Australia, 6151

61 8 9238 8300

358

Name Title Year Born
Mr. Matt Dusci MAIG Acting Chief Exec. Officer NA
Ms. Kathleen Bozanic ACA, AGIA, B.Com, B.Com., C.A. Chief Financial Officer 1974
Ms. Kate Barker B.A., L.L.B. Chief Legal Officer NA
Ms. Sam Retallack B.Health Sc, CAHRI, DipAppScience Chief People Officer NA
Richard Glass Investor Relations & Communications Mang. NA
Ms. Kathleen Bozanic ACA, AGIA, B.Com., C.A. Chief Financial Officer 1974
Mr. Matt Dusci MAIG Acting Chief Development Officer NA
Mr. Ivan Vella CEO, MD & Director NA
Mr. Chris Carr Acting Chief Operating Officer NA
Richard Glass Head of Investor Relations & Communications Manager NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…