Why is everyone talking about IGO, Iluka Resources and Web Travel shares on Tuesday?

Web Travel, Iluka, and IGO shares are making waves on Tuesday. But why?

Iluka Resources Ltd (ASX: ILU), IGO Ltd (ASX: IGO), and Web Travel Group Ltd (ASX: WEB) shares are grabbing headlines on Tuesday.

And all three are solidly outpacing the 0.4% losses posted by the S&P/ASX 200 Index (ASX: XJO) as we head into the lunch hour.

Here's what's catching ASX investor interest.

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Image source: Getty Images

Web Travel shares leap on positive guidance

Web Travel shares are topping the charts today, up 12.6% and trading for $3.17 each.

While that leaves shares in the ASX 200 travel stock down 31.6% over 12 months, shares have now rocketed 37.7% since last Monday, 20 July.

Today, investors are responding positively to the company's first-half FY 2027 guidance update and share buyback news.

The company forecasts its WebBeds business to deliver an 11% to 15% year-on-year increase in H1 revenue (in euros).

And management expects H1 underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) in the range of AU$80 million and AU$86 million.

"Our WebBeds business continues to deliver TTV growth with enhanced margin," managing director John Guscic said.

Web Travel shares also look to be getting a lift from the company announcing an on-market buyback of up to $90 million worth of shares.

Iluka shares jump on H1 results

Joining Web Travel shares in turning heads today, Iluka Resources released its first-half (H1 2026) results this morning.

Shares in the ASX 200 rare earths miner are up 5% on the heels of those results, changing hands for $6.12 apiece.

Iluka shares are outperforming despite the miner reporting a 22.4% year-on-year decline in mineral sands revenue to $433 million.

Unaudited underlying mineral sands EBITDA for H1 came in at around $40 million.

Which brings us to…

IGO shares lift on revenue boost

Like Iluka and Web Travel shares, the IGO share price is outperforming today.

At the time of writing, shares in the ASX 200 mining stock are up 1.8% at $6.87 apiece.

This follows the release of IGO's fourth-quarter update (Q4 FY 2026).

Highlights for the three months included an 18% quarter-over-quarter increase in sales revenue to $141 million.

And on the lithium front, IGO reported a 10% increase in spodumene production from Greenbushes to 387,000 tonnes.

"IGO finished FY26 with strong operational momentum across key parts of the business, improved Group safety performance and a stronger cash position," IGO CEO Ivan Vella said.

"Greenbushes also delivered a stronger final quarter, with improved production, stronger realised pricing and an 80% EBITDA margin," he added.

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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