ioneer Ltd explores for and develops mineral properties in North America.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.64|
|52 Week High||AU$0.17|
|52 Week Low||AU$0.75|
|1 Month Change||6.67%|
|3 Month Change||58.03%|
|1 Year Change||204.76%|
|3 Year Change||156.00%|
|5 Year Change||1,063.64%|
|Change since IPO||190.91%|
Recent News & Updates
Do Institutions Own ioneer Ltd (ASX:INR) Shares?
If you want to know who really controls ioneer Ltd ( ASX:INR ), then you'll have to look at the makeup of its share...
|INR||AU Metals and Mining||AU Market|
Return vs Industry: INR exceeded the Australian Metals and Mining industry which returned 10.1% over the past year.
Return vs Market: INR exceeded the Australian Market which returned 19.3% over the past year.
Stable Share Price: INR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: INR's weekly volatility (11%) has been stable over the past year.
About the Company
ioneer Ltd explores for and develops mineral properties in North America. It owns 100% interest in the Rhyolite Ridge lithium-boron project located in Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018.
ioneer Fundamentals Summary
|INR fundamental statistics|
Is INR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INR income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0054|
|Net Profit Margin||0.00%|
How did INR perform over the long term?See historical performance and comparison
Is ioneer undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate INR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate INR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: INR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: INR is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INR is overvalued based on its PB Ratio (6.4x) compared to the AU Metals and Mining industry average (2.5x).
How is ioneer forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: INR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: INR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if INR's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: INR is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INR is forecast to be unprofitable in 3 years.
How has ioneer performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INR is currently unprofitable.
Growing Profit Margin: INR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INR is unprofitable, and losses have increased over the past 5 years at a rate of 14.4% per year.
Accelerating Growth: Unable to compare INR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: INR has a negative Return on Equity (-5.4%), as it is currently unprofitable.
How is ioneer's financial position?
Financial Position Analysis
Short Term Liabilities: INR's short term assets (A$83.4M) exceed its short term liabilities (A$7.3M).
Long Term Liabilities: INR's short term assets (A$83.4M) exceed its long term liabilities (A$79.0K).
Debt to Equity History and Analysis
Debt Level: INR is debt free.
Reducing Debt: INR has no debt compared to 5 years ago when its debt to equity ratio was 44.4%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: INR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: INR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.4% each year
What is ioneer current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if INR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of INR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Bernard Anthony Rowe serves as Independent Non-Executive Director at Gold 50 Limited since October 12, 2020. He is a founding shareholder of ioneer Ltd. (formerly, Global Geoscience Limited) and serves...
CEO Compensation Analysis
Compensation vs Market: Bernard's total compensation ($USD1.56M) is above average for companies of similar size in the Australian market ($USD991.27K).
Compensation vs Earnings: Bernard's compensation has increased whilst the company is unprofitable.
Experienced Management: INR's management team is considered experienced (3.1 years average tenure).
Experienced Board: INR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.2%.
ioneer Ltd's employee growth, exchange listings and data sources
- Name: ioneer Ltd
- Ticker: INR
- Exchange: ASX
- Founded: 2001
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$1.219b
- Shares outstanding: 1.90b
- Website: https://www.ioneer.com
- ioneer Ltd
- 140 Arthur Street
- Suite 5.03
- North Sydney
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 15:47|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.