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An announcement from ioneer Limited ( (AU:INR) ) is now available.
Ioneer Limited has requested a trading halt on its securities pending an announcement related to a capital raising initiative. This move is intended to provide the company with the necessary time to finalize and disclose the details of the capital raising, which could significantly impact its financial strategy and market positioning.
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 and boron products. The company is listed on both the Australian Securities Exchange (ASX) and Nasdaq, with a market focus on supplying essential materials for the renewable energy sector.
Average Trading Volume: 3,228,809
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$270.9M
For an in-depth examination of INR stock, go to TipRanks’ Stock Analysis page.