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Ionic Rare Earths Limited ( (AU:IXR) ) has issued an announcement.
Ionic Rare Earths Limited has completed a capital consolidation on a 1 for 30 basis, significantly reducing the number of its issued securities. This move, approved by shareholders, aims to streamline the company’s capital structure and potentially enhance its market appeal. The consolidation is expected to impact trading as normal trading on a post-consolidation basis will commence on 12 December 2025, potentially affecting stakeholders’ perceptions and investment strategies.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
More about Ionic Rare Earths Limited
Ionic Rare Earths Limited is an Australian company operating in the rare earths industry, focusing on the exploration and development of rare earth elements. These elements are critical for various high-tech applications, including electronics, renewable energy, and defense sectors.
Average Trading Volume: 1,105,055
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.63B
For detailed information about IXR stock, go to TipRanks’ Stock Analysis page.