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The latest update is out from ioneer Limited ( (AU:INR) ).
Ioneer Limited announced significant improvements in the economics of its Rhyolite Ridge Project, driven by increased production of lithium and boron without additional capital expenditure. The company successfully raised $2.2 million through a Share Purchase Plan, reflecting strong investor confidence in the project’s potential.
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 is an emerging supplier in the lithium-boron industry, focusing on the development of its Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada. The company is dedicated to producing lithium and boron chemicals, which are essential for various industrial applications.
YTD Price Performance: 43.75%
Average Trading Volume: 12,679,276
Technical Sentiment Signal: Buy
Current Market Cap: A$613.6M
For a thorough assessment of INR stock, go to TipRanks’ Stock Analysis page.
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