Do you think IGO has come to the end of its downtrend?BUYERS still looking for a possible TRADING RANGE or a REVERSE Point...
After a Spike and a clean Channel, getting close to 4 (Root of breakout of previous Major Move, and also 3rd hit to Monthly uptrend, makes this point a remarkable and hopeful point for all the buyers... In addition to these we
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−1.41 AUD
2.80 M AUD
796.40 M AUD
591.51 M
About IGO LIMITED
Sector
Industry
CEO
Ivan Vella
Website
Headquarters
South Perth
Founded
2000
ISIN
AU000000IGO4
FIGI
BBG000BB1C77
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.
Broken out of downtrend, consolidating sideways, then breakoutAs in title, we're just consolidating before a breakout to the upside.
If we close above $6.15 on daily chart, we will be looking at an uptrend from there on,.
I'd be looking at entering $6.16 where i'd expect to break out, re-test and shoot up.
IGO medium - long term analysisDo not buy #IGO at the current price (8.74), #waiting for more decline to buy (wave C).
First support is 8.63–8.34; small buy with SL 8.1
Second support: 7–6.3, strong buy with SL 6.27-5.9, depending on margin.
If the price is not lower than 5.9, wait for the turnaround signal and then make a stron
IGO @ 20 SEP 2021Text me if you have any questions/comments for me.
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IGO
- Previous analysis was done on 15 Sep -> suggested waiting for successful breakout of $10 psychological resistance
- Since then, there was a false breakout and the stock quickly fell below the mid-term support with above average volume
IGO @ 15 Sep 2021IGO
- Previous analysis was done on 10 Sep -> suggested waiting for successful breakout of counter-trendline
- Stock has gapped up above the counter-trendline (purple dotted line) 2 days in a row but both times disappointingly retraced back
- Potentially strong psychological resistance at $10 level
IGO @ 10 Sep 2021IGO
- First time doing a written analysis on IGO
- Has history of multiple uptrends but also multiple downtrends
- Historically, the stock has traded in a tight range that is bounded by strong resistances and supports
- Created new all-time high a month ago when it briefly tested the 10.00 psycholog
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of IGO is 3.40 AUD — it has decreased by −4.49% in the past 24 hours. Watch IGO LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange IGO LIMITED stocks are traded under the ticker IGO.
IGO stock has risen by 6.25% compared to the previous week, the month change is a −15.84% fall, over the last year IGO LIMITED has showed a −54.91% decrease.
We've gathered analysts' opinions on IGO LIMITED future price: according to them, IGO price has a max estimate of 6.50 AUD and a min estimate of 3.20 AUD. Watch IGO chart and read a more detailed IGO LIMITED stock forecast: see what analysts think of IGO LIMITED and suggest that you do with its stocks.
IGO stock is 5.33% volatile and has beta coefficient of 1.68. Track IGO LIMITED stock price on the chart and check out the list of the most volatile stocks — is IGO LIMITED there?
Today IGO LIMITED has the market capitalization of 2.69 B, it has decreased by −11.61% over the last week.
Yes, you can track IGO LIMITED financials in yearly and quarterly reports right on TradingView.
IGO LIMITED is going to release the next earnings report on Aug 28, 2025. Keep track of upcoming events with our Earnings Calendar.
IGO earnings for the last half-year are −1.03 AUD per share, whereas the estimation was −0.28 AUD, resulting in a −265.52% surprise. The estimated earnings for the next half-year are −0.042 AUD per share. See more details about IGO LIMITED earnings.
IGO LIMITED revenue for the last half-year amounts to 284.00 M AUD, despite the estimated figure of 274.93 M AUD. In the next half-year revenue is expected to reach 216.83 M AUD.
IGO net income for the last half-year is −782.10 M AUD, while the previous report showed −285.50 M AUD of net income which accounts for −173.94% change. Track more IGO LIMITED financial stats to get the full picture.
IGO LIMITED dividend yield was 6.56% in 2024, and payout ratio reached 10.00 K%. The year before the numbers were 3.82% and 79.99% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. IGO LIMITED EBITDA is −55.60 M AUD, and current EBITDA margin is 5.30%. See more stats in IGO LIMITED financial statements.
Like other stocks, IGO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade IGO LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So IGO LIMITED technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating IGO LIMITED stock shows the strong sell signal. See more of IGO LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.