company background image
INR

ioneerASX:INR Stock Report

Market Cap

AU$1.2b

7D

8.5%

1Y

204.8%

Updated

15 Oct, 2021

Data

Company Financials +
INR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

INR Overview

ioneer Ltd explores for and develops mineral properties in North America.

ioneer Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ioneer
Historical stock prices
Current Share PriceAU$0.64
52 Week HighAU$0.17
52 Week LowAU$0.75
Beta1.94
1 Month Change6.67%
3 Month Change58.03%
1 Year Change204.76%
3 Year Change156.00%
5 Year Change1,063.64%
Change since IPO190.91%

Recent News & Updates

Mar 07
Do Institutions Own ioneer Ltd (ASX:INR) Shares?

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...

Shareholder Returns

INRAU Metals and MiningAU Market
7D8.5%4.3%0.9%
1Y204.8%12.2%20.2%

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.

Price Volatility

Is INR's price volatile compared to industry and market?
INR volatility
INR Beta1.94
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2001n/aBernard Rowehttps://www.ioneer.com

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

How do ioneer's earnings and revenue compare to its market cap?
INR fundamental statistics
Market CapAU$1.22b
Earnings (TTM)-AU$10.33m
Revenue (TTM)n/a

0x

P/S Ratio

-118.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$10.33m
Earnings-AU$10.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0054
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did INR perform over the long term?

See historical performance and comparison

Valuation

Is ioneer undervalued compared to its fair value and its price relative to the market?

6.38x

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).


Future Growth

How is ioneer forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-42.7%

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.


Past Performance

How has ioneer performed over the past 5 years?

-14.4%

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.


Financial Health

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%.


Balance Sheet


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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Bernard Rowe

14.17yrs

Tenure

AU$2,105,776

Compensation

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.


Leadership Team

Experienced Management: INR's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: INR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.2%.


Top Shareholders

Company Information

ioneer Ltd's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • ioneer Ltd
  • 140 Arthur Street
  • Suite 5.03
  • North Sydney
  • New South Wales
  • 2060
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:47
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.