Risk factor
Considerable default risk
Profitability factor
Favourable price performance
About
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%...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overvalued on P/FCF.
Target Price
The average target price of IGO.AX is 5.0 and suggests 43% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Buy
Sell