Want to see IONR full AI Analyst Report?
Top Page
ioneer Limited Sponsored ADR
(NASDAQ:IONR)
Select Model
Select Model
Rating:44Neutral
Price Target:
$3.00
▼(-4.76% Downside)
Action:Reiterated
Date:08/29/26
Overall score is held back primarily by weak financial performance (pre-revenue with ongoing losses and cash burn) and bearish technical signals (price below key moving averages with negative MACD). A strong, low-debt balance sheet and recent improvement in free cash flow provide some support, but valuation is difficult to justify on earnings due to the negative P/E.
Positive Factors
Low leverage and expanding equity base
Minimal debt relative to equity limits refinancing pressure and preserves financial flexibility as the project advances. The expanding equity base provides a stronger platform for development spending, although it does not yet generate operating returns.
Negative Factors
Pre-revenue business with persistent losses
ioneer has no commercial sales to validate its future revenue model or demonstrate sustainable margins. Persistent losses mean the company remains dependent on project advancement and future production, leaving profitability timing and economics uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and expanding equity base
Minimal debt relative to equity limits refinancing pressure and preserves financial flexibility as the project advances. The expanding equity base provides a stronger platform for development spending, although it does not yet generate operating returns.
Read all positive factors
ioneer Limited Sponsored ADR (IONR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$244.30M
Dividend YieldN/A
Average Volume (3M)72.93K
Price to Earnings (P/E)―
Beta (1Y)0.80
Revenue GrowthN/A
EPS Growth26.53%
CountryUS
Employees29
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-2.84
Shares Outstanding77,191,110
10 Day Avg. Volume72,363
30 Day Avg. Volume72,931
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)1.26
Price to Sales (P/S)0.00
P/FCF Ratio-104.50
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.12
Revenue Forecast (FY)N/A
ioneer Limited Sponsored ADR Business Overview & Revenue Model
Company Description
ioneer Ltd is a company dedicated to the exploration and advancement of mineral properties across North America. It holds full ownership of the Rhyolite Ridge project, an initiative focused on lithium and boron extraction, situated in Nevada, Unit...
How the Company Makes Money
As of the available public information, ioneer is primarily a pre-revenue development-stage company and does not have sustained operating revenue from commercial production. Its intended future revenue model is to earn income from the extraction a...
ioneer Limited Sponsored ADR Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -323.35K | -354.37K | -276.53K | -261.00K | -51.77K | -174.00K |
| EBITDA | -4.20M | -8.39M | -10.04K | -7.58M | -9.64M | -11.80M |
| Net Income | -4.08M | -8.15M | -9.55K | -7.85M | -6.36M | -9.13M |
Balance Sheet | ||||||
| Total Assets | 232.54M | 232.54M | 233.54M | 224.47M | 206.32M | 213.25M |
| Cash, Cash Equivalents and Short-Term Investments | 17.86M | 17.86M | 25.06M | 35.72M | 52.71M | 94.18M |
| Total Debt | 335.00K | 335.00K | 373.00K | 1.28M | 212.00K | 255.00K |
| Total Liabilities | 2.32M | 2.32M | 3.24M | 6.25M | 8.92M | 9.55M |
| Stockholders Equity | 230.22M | 230.22M | 230.30M | 218.22M | 197.40M | 203.70M |
Cash Flow | ||||||
| Free Cash Flow | -3.44M | -2.77M | -6.80M | -43.84M | -8.67M | -34.38M |
| Operating Cash Flow | -3.44M | -2.76M | -6.80M | -5.97M | -8.07M | -9.35M |
| Investing Cash Flow | 13.56M | -6.64M | -13.83M | -35.38M | -32.47M | -28.39M |
| Financing Cash Flow | 2.12M | 1.98M | 10.20M | 25.49M | -225.00K | 75.39M |
ioneer Limited Sponsored ADR Technical Analysis
Negative
3.15
Price Trends
3.50
Negative
3.78
Negative
4.12
Negative
Market Momentum
-0.11
Negative
44.47
Neutral
23.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IONR, the sentiment is Negative. The current price of 3.15 is below the 20-day moving average (MA) of 3.19, below the 50-day MA of 3.50, and below the 200-day MA of 4.12, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 44.47 is Neutral, neither overbought nor oversold. The STOCH value of 23.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IONR.
ioneer Limited Sponsored ADR Risk Analysis
ioneer Limited Sponsored ADR disclosed 1 risk factors in its most recent earnings report. ioneer Limited Sponsored ADR reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
ioneer Limited Sponsored ADR Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | $382.14M | -15.76 | -27.57% | ― | ― | ― | |
52 Neutral | $118.60M | -19.20 | -210.04% | ― | ― | -32.18% | |
47 Neutral | $379.23M | -5.21 | -63.85% | ― | 776.51% | 38.07% | |
45 Neutral | $601.27M | -5.76 | -21.43% | ― | ― | -265.11% | |
44 Neutral | $244.30M | -15.24 | -3.66% | ― | ― | 26.53% |
* Basic Materials Sector Average
IONR
ioneer Limited Sponsored ADR
3.14
-0.92
-22.66%
NB
NioCorp Developments
4.13
-0.13
-3.05%
ABAT
American Battery Technology
2.78
0.40
16.81%
LZM
Lifezone Metals
4.25
-0.34
-7.41%
CRML
Critical Metals Corp
7.28
1.11
17.99%
USGO
U.S. GoldMining Inc.
8.45
-0.93
-9.91%
ioneer Limited Sponsored ADR Corporate Events
Ioneer Boosts Cash Reserves as Rhyolite Ridge Development Advances in First Half 2026
Aug 13, 2026
Ioneer Ltd has released its interim consolidated financial statements for the six months from January 1 to June 30, 2026, following a change in financial year-end to align with its U.S. subsidiaries. The company continues to focus on developing th...
Ioneer Signs MOUs with Korean Partners to Advance Rhyolite Ridge Lithium-Boron Project
Jul 8, 2026
Ioneer Ltd, an emerging lithium-boron producer, owns the Rhyolite Ridge Lithium-Boron Project in Nevada, which hosts the only known lithium-boron reserve in North America and one of two globally. The company has invested heavily in engineering, se...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.