ioneer (NASDAQ:IONR) VP Chad Yeftich Sells 706,781 Shares of Stock

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

ioneer Stock Performance

Shares of IONR stock opened at $4.16 on Wednesday. The firm has a fifty day simple moving average of $4.12 and a 200-day simple moving average of $4.32. ioneer Ltd has a twelve month low of $2.63 and a twelve month high of $8.20.

Institutional Investors Weigh In On ioneer

Several institutional investors and hedge funds have recently bought and sold shares of IONR. Bank of America Corp DE acquired a new position in ioneer in the fourth quarter valued at approximately $26,000. Brookwood Investment Group LLC acquired a new stake in shares of ioneer during the 4th quarter worth approximately $55,000. Pekin Hardy Strauss Inc. acquired a new stake in shares of ioneer during the 4th quarter worth approximately $77,000. HRT Financial LP bought a new stake in shares of ioneer in the 4th quarter worth approximately $83,000. Finally, Marshall Wace LLP bought a new stake in shares of ioneer in the 4th quarter worth approximately $793,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of ioneer in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About ioneer

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.