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An update from ioneer Limited ( (AU:INR) ) is now available.
ioneer Limited’s quarterly cash flow report reveals a net cash outflow from operating and investing activities, amounting to $2.035 million and $3.476 million respectively. However, the company managed to secure $2.117 million from financing activities, which partially offset the cash outflows. This financial maneuvering highlights ioneer’s ongoing efforts to manage its cash reserves while progressing with its mineral exploration and development projects.
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 a mining exploration company focused on the development and production of critical minerals. The company is involved in the exploration and evaluation of mineral resources, with a particular emphasis on lithium and boron projects.
YTD Price Performance: 43.75%
Average Trading Volume: 12,679,276
Technical Sentiment Signal: Buy
Current Market Cap: A$613.6M
For detailed information about INR stock, go to TipRanks’ Stock Analysis page.