ioneer (NASDAQ:IONR) VP Sells $77,745.91 in Stock

ioneer Ltd (NASDAQ:IONR) VP Chad Yeftich sold 706,781 shares of the stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $0.11, for a total value of $77,745.91. Following the completion of the transaction, the vice president owned 6,386,671 shares in the company, valued at approximately $702,533.81. The trade was a 9.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

ioneer Stock Performance

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

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IONR. Bank of America Corp DE acquired a new stake in shares of ioneer in the fourth quarter valued at approximately $26,000. XTX Topco Ltd acquired a new position in shares of ioneer in the 4th quarter valued at $54,000. Brookwood Investment Group LLC purchased a new stake in ioneer in the 4th quarter valued at $55,000. Pekin Hardy Strauss Inc. purchased a new stake in ioneer in the 4th quarter valued at $77,000. Finally, HRT Financial LP acquired a new stake in ioneer during the 4th quarter worth $83,000.

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.