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ioneer Limited ( (AU:INR) ) has shared an announcement.
Ioneer Limited announced the issuance of 38,134,335 performance rights under an employee incentive scheme, which are unquoted and subject to transfer restrictions. This move is part of the company’s strategy to incentivize its workforce, potentially enhancing employee engagement and aligning their interests with long-term company goals, which could strengthen its position in the competitive lithium and boron market.
The most recent analyst rating on (AU:INR) stock is a Buy with a A$0.25 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 resources. The company is primarily engaged in advancing its Rhyolite Ridge Lithium-Boron Project, which aims to supply critical materials for the electric vehicle and renewable energy sectors.
Average Trading Volume: 9,858,834
Technical Sentiment Signal: Sell
Current Market Cap: A$332.7M
See more insights into INR stock on TipRanks’ Stock Analysis page.