Australia's IGO hits over 3-week low as Q2 sales revenue slumps

IGO

29/01/2026 01:08

** Shares of lithium producer IGO IGO.AX fall 7.1% to A$8.455, their lowest level since Jan 6

** On track for weakest session since early September

** Co reports Q2 sales revenue of A$82.4 million ($57.98 million), down 22% sequentially

** Shares among top 10 losers on the benchmark index .AXJO, which is down 0.8% in the current session

** Stock ended up 71.9% in 2025

($1 = 1.4213 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com))