Ioneer Ltd traded at 0.17 this Tuesday February 3rd, increasing 0.01 or 6.45 percent since the previous trading session. Looking back, over the last four weeks, Ioneer gained 26.67 percent. Over the last 12 months, its price fell by 2.94 percent. Looking ahead, we forecast Ioneer Ltd to be priced at 0.15 by the end of this quarter and at 0.14 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ioneer Ltd is an Australia-based lithium-boron producer. The Company is engaged in developing lithium and boric acid that can be produced and delivered to customers domestically and internationally. The Company’s Rhyolite Ridge Lithium-Boron Project is located in Esmeralda County, Nevada, situated in the silver peak range, part of the larger geo-physiographic Basin and Range Province of western Nevada. Rhyolite Ridge is approximately 14 miles northeast of Dyer, Nevada. It is 65 miles southwest of Tonopah, Nevada, 215 miles from Reno, and 255 miles from Las Vegas. The Company operates through two segments: North America and Australia. The Rhyolite Ridge covers two separate lithium-boron deposits, which include North Basin and South Basin located approximately four kilometers apart.