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Ionic Rare Earths Limited ( (AU:IXR) ) has shared an update.
Ionic Rare Earths Limited has announced the issuance of 10,000,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code IXR, effective January 28, 2025. This move signifies the company’s ongoing efforts to enhance its capital structure and potentially strengthen its position within the rare earths sector, offering implications for stakeholders interested in the company’s growth and market strategies.
More about Ionic Rare Earths Limited
Ionic Rare Earths Limited operates within the rare earths industry, focusing on the exploration and development of rare earth elements. The company is involved in the production and supply of these critical materials, which are essential for various high-tech applications, including electronics and renewable energy solutions.
Average Trading Volume: 4,366,471
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$31.37M
Find detailed analytics on IXR stock on TipRanks’ Stock Analysis page.
