Business
Down 39% in a year, why IGO shares still look overpriced
Image source: Getty Images
IGO Ltd (ASX: IGO) shares have taken a beating over the past year amid slumping lithium prices.
A more than 15% fall in the nickel price over the past 12 months hasn’t helped matters at IGO’s Nova nickel mine either.
In afternoon trade today, however, the S&P/ASX 200…
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