IONEER LIMITED (INR)
Share Price Analysis and Chart

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INR - IONEER LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.02
Index: ASX300 | ALL-ORDS

Ioneer is an Australian lithium and boron miner and producer. Its major project is the Rhyolite Ridge project in Nevada, USA. It was listed in 2007 under the name Global Geoscience and changed name in 2018.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.275

23 Mar
2023

-0.015

OPEN

$0.29

-5.17%

HIGH

$0.29

5,564,098

LOW

$0.27

TARGET
$0.62 125.5% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
INR: 1
Title FY23
Forecast		 FY24
Forecast
EPS (cps) - 0.3 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx-0.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx-
Book Value Per Share xxxxxxxxxxxxxxx14.1
Net Operating Cash Flow xxxxxxxxxxxxxxx-15.0 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx-5.17 %
Return on Invested Capital xxxxxxxxxxxxxxx-5.17 %
Return on Assets xxxxxxxxxxxxxxx-4.96 %
Return on Equity xxxxxxxxxxxxxxx-5.17 %
Return on Total Capital xxxxxxxxxxxxxxx-6.79 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-15.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx137 M
Price To Book Value xxxxxxxxxxxxxxx2.90

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx36.4 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx16 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

02/02/2023

1

Buy

$0.62

125.45%

ioneer's December-quarter result appears to have pleased Ord Minnett given the company achieved several key funding and commencement milestones.

On the downside, management has revised its project timeline postponing commencement of construction to the December half from the June, and expects first production in 2026 (output was previously expected in the 2025 June half).

The company's cash balance at the end of December was US$69m

Speculative Buy rating retained. Target price falls -11% to 62c to reflect the changes to the production timeline.

FORECAST
Ord Minnett forecasts a full year FY23 dividend of 0.00 cents and EPS of minus -0.29 cents.
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -0.44 cents.
Access Stockbroker Research History >

INR STOCK CHART

FNArena News on INR

1
Australian Broker Call *Extra* Edition – Mar 16, 2023

Mar 16 2023 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Aug 25, 2022

Aug 25 2022 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Apr 14, 2022

Apr 14 2022 - Daily Market Reports
4
Material Matters: Oil, Lithium, Magnesium, Coal

Oct 28 2021 - Commodities
5
September In Review: First Decline In 12 Months

Oct 06 2021 - Australia

Latest New Battery Elements News

1
Lithium In 2023: The Debate Rages On

Jan 20 2023 - Commodities
2
Material Matters: The Outlook For Lithium

Dec 20 2022 - Commodities
3
EV Oversupply Suggests Lithium Price Decline 

Dec 12 2022 - Commodities
4
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Nov 09 2022 - Commodities
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Oct 27 2022 - Small Caps
6
Core Lithium Set For Recovery

Oct 18 2022 - Technicals
7
Mineral Resources Looks To Unlock Significant Value

Sep 13 2022 - Australia
8
EV-Makers Connect With Miners

Jul 25 2022 - Commodities
9
Syrah Gets The Lead Out

Jun 28 2022 - Technicals
10
Game Over For Lithium?

Jun 02 2022 - Commodities