ioneer Ltd (OTCMKTS:GSCCF) Sees Significant Drop in Short Interest

ioneer Ltd (OTCMKTS:GSCCF) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 8,448,723 shares, a drop of 24.8% from the December 15th total of 11,239,606 shares. Based on an average daily trading volume, of 137,611 shares, the days-to-cover ratio is currently 61.4 days. Based on an average daily trading volume, of 137,611 shares, the days-to-cover ratio is currently 61.4 days.

ioneer Trading Up 6.7%

OTCMKTS:GSCCF traded up C$0.01 during trading hours on Friday, reaching C$0.15. 100 shares of the company’s stock were exchanged, compared to its average volume of 71,991. The business’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.10. ioneer has a 12 month low of C$0.05 and a 12 month high of C$0.20.

ioneer Company Profile

ioneer Ltd is an Australian resource development company focused on the exploration, evaluation and development of battery‐grade lithium and boron resources. The company’s flagship asset is the Rhyolite Ridge Lithium‐Boron Project, located in Nevada, USA. Rhyolite Ridge hosts a unique deposit of both lithium and boron, positioning ioneer as one of the few companies worldwide targeting a combined production of these strategically important minerals in a single operation.

At Rhyolite Ridge, ioneer is advancing a definitive feasibility study and working through the permitting process with federal and state agencies in the United States.