(IONR) ioneer American Depositary - Ratings and Ratios

ioneer Ltd (NASDAQ:IONR) is a mineral exploration and development company focused on advancing its flagship Rhyolite Ridge lithium-boron project in Nevada, USA. The project is strategically located in a region known for its mineral-rich deposits, positioning the company to capitalize on the growing demand for lithium, a critical component in electric vehicle batteries and renewable energy storage.

The company, originally incorporated in 2001 as Global Geoscience Ltd, rebranded as ioneer Ltd in 2018 to reflect its expanded scope and strategic direction. Headquartered in North Sydney, Australia, ioneer Ltd has established itself as a key player in the development of lithium and boron resources in North America. The Rhyolite Ridge project is its cornerstone asset, representing one of the largest known lithium-boron deposits in the United States.

From a technical perspective, IONR has shown a bearish trend, trading below its 20-day, 50-day, and 200-day moving averages. The stocks average trading volume over the past 20 days has been 18,625 shares, with a last price of $3.85. The 20-day simple moving average (SMA) stands at $4.27, while the 50-day and 200-day SMAs are $4.29 and $4.83, respectively. The average true range (ATR) of $0.37 indicates relatively low volatility.

Fundamentally, the company has a market capitalization of $227.60M USD, with a price-to-book (P/B) ratio of 0.96, suggesting the stock is trading near its book value. The return on equity (RoE) is negative at -4.65%, reflecting current financial challenges. The forward price-to-earnings (P/E) ratio is also negative, signaling high risk for investors.

Over the next three months, IONR is expected to face continued pressure if it remains below its key moving averages. The stocks inability to break above the 50-day SMA at $4.29 could signal further downside, potentially testing support levels below $3.00. However, if the stock can reclaim and sustain above $4.29, it may indicate a potential trend reversal, with upside targets near $5.00. The low ATR of $0.37 suggests that any breakout or breakdown could occur with minimal volatility.