ioneer (NASDAQ:IONR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of ioneer (NASDAQ:IONR – Free Report) from a sell rating to a hold rating in a report issued on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of ioneer in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

View Our Latest Stock Analysis on ioneer

ioneer Price Performance

Shares of ioneer stock opened at $2.98 on Friday. ioneer has a 12-month low of $2.79 and a 12-month high of $8.20. The company’s fifty day simple moving average is $3.18 and its two-hundred day simple moving average is $3.67.

ioneer (NASDAQ:IONR – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported ($0.03) EPS for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ioneer stock. GK Wealth Management LLC acquired a new stake in ioneer Ltd (NASDAQ:IONR – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 32,034 shares of the company’s stock, valued at approximately $139,000.

About ioneer

(Get Free Report)

ioneer Ltd. is a mineral development company focused on advancing domestic sources of lithium and boron in the United States. The company’s primary asset is the Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada, which is designed to produce lithium carbonate for use in electric vehicle batteries and boric acid for industrial applications such as glass, ceramics and construction materials.

Rhyolite Ridge is a fully permitted development project located in the Silver Peak area of Nevada.

Further Reading

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