Nickel/lithium miner IGO reported an “ok” result last week, but its still losing money – covered Here. Again the stock looks interesting after retracing 18%, largely following the lithium price lower, while it’s not our top pick, further strength would not be a surprise.
- We can see IGO making fresh 2026 highs if lithium runs but its not our favourite vehicle to play such a move.
MM is neutral towards IGO around $8
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