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Australia's IGO advances on beating annual cash flow, final dividend views



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** Shares of battery metal producer IGO Ltd IGO.AX rise as much as 7.1% to A$5.62, posting their biggest percentage gain since April 30

** Co reports better-than-expected underlying free cash flow of A$713 mln ($484.91 mln), up 6% from consensus estimate

** Co announces final dividend of 26 AU cents per share, well above consensus of 9 AU cents per share

** Lithium mine Greenbushes FY25 production guidance was reiterated, which should reduce market concern of volume in near term - Macquarie

** Shares hit their highest level since Aug. 1, fourth-biggest pct gainer on benchmark S&P/ASX 200 index .AXJO

** Stock down 42% this year, as of last close


($1 = 1.4704 Australian dollars)



Reporting by Roushni Nair in Bengaluru

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