ASX:IGOMetals and Mining
Assessing IGO’s Valuation After Greenbushes Guidance Cut And Sharp Share Price Decline
IGO (ASX:IGO) has moved into focus after cutting production guidance at its Greenbushes lithium mine, with full-year output now expected between 1.38 and 1.43 million tons and the share price dropping sharply.
See our latest analysis for IGO.
The guidance cut comes after a weak run in the share price, with a 1-day share price return of 17.92% decline and a 90-day share price return of 24.70% decline. This is despite the 1-year total shareholder return of 92.58%, indicating that recent...