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Ionic Rare Earths Limited ( (AU:IXR) ) has issued an announcement.
Ionic Rare Earths Limited provided an update to shareholders on its current activities, including technology development in the UK, a joint venture in Brazil, and exploration at the Makuutu Rare Earths Project in Uganda. The company confirmed that there is no new information affecting previously reported exploration targets, mineral resources, or production targets, maintaining the validity of prior announcements.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 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 operates in the mining industry, focusing on the exploration and development of rare earth elements. The company is involved in projects such as the Makuutu Rare Earths Project in Uganda and has technology development activities in the UK and a joint venture in Brazil.
Average Trading Volume: 28,139,044
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$87.73M
For a thorough assessment of IXR stock, go to TipRanks’ Stock Analysis page.