Search

Independence Group NL

Closed

5.09 -3.23

Overview

Share price change

24h

Current

Min

5.09

Max

5.15

Key metrics

By Trading Economics

Income

288M

Sales

438M

EPS

0.599

Dividend yield

9.156

Profit margin

65.792

EBITDA

82M

Recommendations

By TipRanks

Recommendations

Neutral

12 Months Forecast

+20.14 upside

Dividends

By Dow Jones

Dividend yield

Sector Avg

9.16%

Market Stats

By TradingEconomics

Market Cap

-106M

4.1B

Previous open

8.32

Previous close

5.09

News Sentiment

By Acuity

86%

14%

Independence Group NL Chart

Related News

7 Aug 2024, 22:49 UTC

Acquisitions, Mergers, Takeovers

IGO Says Would Retain Lithium, Nickel Rights at Forrestania

7 Aug 2024, 22:48 UTC

Acquisitions, Mergers, Takeovers

Medallion Metals Says Total Consideration Capped at A$50 Million

7 Aug 2024, 22:48 UTC

Acquisitions, Mergers, Takeovers

Medallion Metals Says Proposed Consideration Comprises Up to A$15 Million in Cash Upfront

7 Aug 2024, 22:47 UTC

Acquisitions, Mergers, Takeovers

IGO Says Acquisition Would Follow Completion of Nickel Processing at Forrestania

7 Aug 2024, 22:46 UTC

Acquisitions, Mergers, Takeovers

IGO Seeks to Sell Cosmic Boy Processing Plant, Associated Infrastructure to Medallion Metals

7 Aug 2024, 22:46 UTC

Acquisitions, Mergers, Takeovers

IGO Agrees to Exclusivity Period for Sale of Some Forrestania Assets to Medallion Metals

6 Aug 2024, 01:18 UTC

Market Talk

IGO Outlook Muddied by Weak Lithium Prices, Nickel Wind Down -- Market Talk

24 Jun 2024, 02:23 UTC

Market Talk

Lithium-Price Weakness Weighs on Outlook for Australian Producers -- Market Talk

29 Apr 2024, 23:06 UTC

Earnings

IGO Expects to Update Investors on Strategy 'Refresh' at End of July

29 Apr 2024, 23:05 UTC

Earnings

IGO Says Has 'Deeper Understanding' of Bottlenecks to Target at Kwinana Facility

29 Apr 2024, 23:04 UTC

Earnings

IGO Expects Greenbushes to Operate at Full Production for Rest of 2024

29 Apr 2024, 23:04 UTC

Earnings

IGO Says TLC Will Buy 200,000 Tons of Concentrate Above Previously Nominated 4Q Volume

29 Apr 2024, 23:03 UTC

Earnings

IGO Says Additional Spodumene Sale Agreed With Shareholders After 3Q-End

29 Apr 2024, 23:02 UTC

Earnings

IGO Says 'Encouraged' by Improvement in Spodumene Prices in 2024

29 Apr 2024, 23:02 UTC

Earnings

IGO 3Q Underlying Ebitda Loss A$15 Million

29 Apr 2024, 23:01 UTC

Earnings

IGO Net Cash A$276 Million at 3Q-End

29 Apr 2024, 23:01 UTC

Earnings

IGO 3Q Underlying Free Cash Flow A$79 Million

29 Apr 2024, 23:00 UTC

Earnings

IGO 3Q Nickel Cash Cost A$6.80/Pound, Up 7% On-Quarter

29 Apr 2024, 23:00 UTC

Earnings

IGO 3Q Copper-in-Concentrate Output 2,069 Tons, Down 16% On-Quarter

29 Apr 2024, 22:59 UTC

Earnings

IGO 3Q Nickel-in-Concentrate Output 6,527 Tons, Down 8% On-Quarter

29 Apr 2024, 22:58 UTC

Earnings

IGO 3Q Lithium Hydroxide Output 954 Tons, Up 55% On-Quarter

29 Apr 2024, 22:58 UTC

Earnings

IGO 3Q Spodumene Cash Cost A$386/Ton, Up 8% On-Quarter

29 Apr 2024, 22:57 UTC

Earnings

IGO 3Q Spodumene Output 280,000 Tons, Down 22% On-Quarter

16 Apr 2024, 01:00 UTC

Market Talk

Too Early to Project Nickel, Lithium Market Deficits -- Market Talk

21 Feb 2024, 21:06 UTC

Earnings

IGO 1H Underlying Ebitda A$515 Million

21 Feb 2024, 21:05 UTC

Earnings

IGO Interim Dividend 11 Australian Cents/Security

21 Feb 2024, 21:05 UTC

Earnings

IGO 1H Revenue A$438.2 Million, Down 19% on Year

21 Feb 2024, 21:05 UTC

Earnings

IGO 1H Net Profit A$288.3 Million, Down 53% on Year

12 Feb 2024, 02:18 UTC

Market Talk
Acquisitions, Mergers, Takeovers

South32 Zeroes In on Unvalued Items to Help Safeguard Balance Sheet -- Market Talk

31 Jan 2024, 23:49 UTC

Market Talk

IGO's Cosmos Nickel Project Unlikely to Restart Before FY 2027 -- Market Talk

Independence Group NL Forecast

Price Target

By TipRanks

20.14% upside

12 Months Forecast

Average 6.103 AUD  20.14%

High 9 AUD

Low 4.6 AUD

Based on 12 Wall Street analysts offering 12 month price targets forIndependence Group NL - Dist in the last 3 months.

Rating Consensus

By TipRanks

Neutral

12 ratings

4

Buy

4

Hold

4

Sell

Sentiment

By Acuity

News Sentiment

Very Strong Bearish Evidence

Volatility

Below average

News Volume (RCV)

Below average

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Independence Group NL

IGO Limited is an Australia-based exploration and mining company. The Company is focused on discovering, developing and operating assets focused on metals critical to enabling clean energy. The Company’s operations include Nova Ni-Cu-Co Operation and Lithium Joint Venture. The Nova Ni-Cu-Co Operation is located approximately 160 kilometers (kms) east-northeast of Norseman, 360 kms southeast of Kalgoorlie and 380 kms from the Port of Esperance in Western Australia. It produced approximately 30,436 tons of nickel, 13,772 tons of copper, and 1,142 tons of cobalt. The Company’s joint venture, Lithium Joint Venture, focused on developing and operating lithium assets in Western Australia. Lithium Joint Venture comprise of the Greenbushes Lithium Mine, which is located approximately 250 kms south of Perth, Western Australia.