
Ioneer Limited Director Increases Stake Through Share Purchase Plan

Ioneer Limited announced that director Bernard Anthony Rowe has increased his stake by acquiring 300,000 fully paid ordinary shares through a share purchase plan. This move may indicate Rowe's confidence in the company's strategic direction and ongoing projects in the lithium-boron market. The latest analyst rating for Ioneer Limited (AU:INR) is a Buy, with a price target of A$0.35. Ioneer focuses on developing its Rhyolite Ridge Lithium-Boron Project in Nevada, aimed at supplying materials for electric vehicles and renewable energy storage.
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ioneer Limited ( (AU:INR) ) has provided an update.
Ioneer Limited announced a change in the director’s interest, with Bernard Anthony Rowe acquiring 300,000 fully paid ordinary shares through a share purchase plan. This acquisition reflects Rowe’s increased investment in the company, potentially signaling confidence in Ioneer’s strategic direction and its ongoing projects, which could impact stakeholders by reinforcing the company’s commitment to its growth and development in the lithium-boron market.
The most recent analyst rating on (AU:INR) stock is a Buy with a A$0.35 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-boron projects. The company is primarily engaged in the exploration and development of its flagship Rhyolite Ridge Lithium-Boron Project in Nevada, USA, which aims to supply critical materials for electric vehicles and renewable energy storage solutions.
Average Trading Volume: 5,675,544
Technical Sentiment Signal: Sell
Current Market Cap: A$289.1M
See more data about INR stock on TipRanks’ Stock Analysis page.
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