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Ioneer Limited Director Increases Stake Through Share Purchase Plan

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Ioneer Limited Director Increases Stake Through Share Purchase Plan

Elevate Your Investing Strategy:

ioneer Limited ( (AU:INR) ) has provided an update.

Ioneer Limited announced a change in the director’s interest, with Bernard Anthony Rowe acquiring 300,000 fully paid ordinary shares through a share purchase plan. This acquisition reflects Rowe’s increased investment in the company, potentially signaling confidence in Ioneer’s strategic direction and its ongoing projects, which could impact stakeholders by reinforcing the company’s commitment to its growth and development in the lithium-boron market.

The most recent analyst rating on (AU:INR) stock is a Buy with a A$0.35 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 on the development and production of lithium-boron projects. The company is primarily engaged in the exploration and development of its flagship Rhyolite Ridge Lithium-Boron Project in Nevada, USA, which aims to supply critical materials for electric vehicles and renewable energy storage solutions.

Average Trading Volume: 5,675,544

Technical Sentiment Signal: Sell

Current Market Cap: A$289.1M

See more data about INR stock on TipRanks’ Stock Analysis page.

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