ioneer (NASDAQ:IONR) SVP Sells $27,642.23 in Stock

ioneer Ltd (NASDAQ:IONR) SVP Matthew Weaver sold 251,293 shares of ioneer stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $0.11, for a total value of $27,642.23. Following the completion of the sale, the senior vice president directly owned 11,299,711 shares in the company, valued at $1,242,968.21. This represents a 2.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

ioneer Stock Up 1.5%

IONR stock opened at $4.17 on Friday. The business has a 50-day moving average of $4.13 and a 200-day moving average of $4.32. ioneer Ltd has a fifty-two week low of $2.64 and a fifty-two week high of $8.20.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of ioneer in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Hedge Funds Weigh In On ioneer

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE acquired a new stake in shares of ioneer in the fourth quarter valued at about $26,000. Brookwood Investment Group LLC bought a new stake in ioneer during the fourth quarter worth about $55,000. Pekin Hardy Strauss Inc. acquired a new position in ioneer during the fourth quarter valued at approximately $77,000. HRT Financial LP acquired a new position in ioneer during the fourth quarter valued at approximately $83,000. Finally, Marshall Wace LLP bought a new position in ioneer in the fourth quarter valued at approximately $793,000.

ioneer Company Profile

ioneer Ltd. is a mineral exploration and development company focused on advancing its flagship Rhyolite Ridge lithium-boron project in Nevada. The company’s core business activities center on developing a vertically integrated supply of critical battery minerals, including lithium carbonate and boric acid, to support the growing electric vehicle and energy storage markets. ioneer’s Rhyolite Ridge project is one of the only known deposits globally that contains both lithium and boron in economically recoverable concentrations, positioning the company to deliver a differentiated product to downstream battery and industrial users.

Founded and listed on the Australian Securities Exchange in the late 2010s under its original name, the company rebranded to ioneer in 2018 to reflect a strategic focus on innovation in battery metals.