Risk factor
Considerable default risk
Profitability factor
Very poor margins and returns
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 overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, trading at neutral leve
Target Price
The average target price of IGO.AX is 5.0 and suggests 38% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Buy
Sell