IGO Ltd
IGO: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >R | LOCK|M^%! | LOCK|$N^&^C^ |
IGO Earnings: Greenbushes' Strength Endures Despite Lithium Challenges
IGO's March-quarter fiscal 2025 sales revenue fell 16% quarter on quarter, reflecting the Forrestania nickel mine entering care and maintenance. Greenbushes realized a 7% increase in lithium prices from the December quarter, with full-year production and cost guidance maintained.
