ioneer (NASDAQ:IONR) Stock Rating Upgraded by Wall Street Zen

ioneer (NASDAQ:IONR) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research report issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of ioneer in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

ioneer Trading Down 2.5%

Shares of IONR opened at $4.76 on Friday. ioneer has a 1-year low of $2.30 and a 1-year high of $8.20. The company has a 50-day moving average of $4.57 and a 200 day moving average of $3.70.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ioneer stock. Bank of America Corp DE bought a new stake in shares of ioneer Ltd (NASDAQ:IONR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,546 shares of the company’s stock, valued at approximately $26,000.

About ioneer

ioneer Ltd explores for and develops mineral properties in North America. Its flagship property is the Rhyolite Ridge lithium-boron project located in the state of Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018.