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ioneer Limited ( (AU:INR) ) has shared an update.
Ioneer Limited has announced the issuance of 648,457 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to enhance its capital structure and support its growth initiatives in the clean energy sector, potentially strengthening its market position and providing value to its stakeholders.
The most recent analyst rating on (AU:INR) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on ioneer Limited stock, see the AU:INR Stock Forecast page.
More about ioneer Limited
Ioneer Limited operates in the mining industry, focusing primarily on the development and production of lithium and boron products. The company is strategically positioned to supply materials crucial for the clean energy and electric vehicle markets.
YTD Price Performance: 15.62%
Average Trading Volume: 10,398,259
Technical Sentiment Signal: Buy
Current Market Cap: A$493.5M
See more data about INR stock on TipRanks’ Stock Analysis page.