IONEER LIMITED (INR)
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INR

INR - IONEER LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.14
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

$0.16

21 Feb
2025

0.000

OPEN

$0.17

0.000

HIGH

$0.17

1,422,436

LOW

$0.16

TARGET
$0.30 87.5% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
INR: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) - 0.5 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 © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-0.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx14.1
Net Operating Cash Flow xxxxxxxxxxxxxxx-9.1 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-3.83 %
Return on Invested Capital xxxxxxxxxxxxxxx-3.83 %
Return on Assets xxxxxxxxxxxxxxx-3.70 %
Return on Equity xxxxxxxxxxxxxxx-3.83 %
Return on Total Capital xxxxxxxxxxxxxxx-4.49 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-9.1 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx2 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx53 M
Price To Book Value xxxxxxxxxxxxxxx1.07

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx55.9 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx14 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

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

31/01/2025

1

Speculative Buy

$0.30

87.50%

Ioneer's December quarter report was largely a recap of developments announced earlier, notes Ord Minnett.

The broker awaits the release of the revised reserves and financial estimates for the Rhyolite Ridge lithium-boron project, which it
expects very shortly. The company targets a final investment decision this quarter and the broker estimates additional equity funding requirement will be around US$150m with Ioneer's share being US$75m.

Target price is retained at 30c and Speculative Buy rating stays.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.46 cents.
Ord Minnett forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -0.92 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Canaccord Genuity

22/01/2025

1

Speculative Buy

$0.40

150.00%

Ioneer announced it has closed an upsized US$996m loan from the US Department of Energy for the Rhyolite Ridge Project in the US, representing a 42% increase on its original US$700m commitment.

Canaccord Genuity sees the upsized loan as a testament to the quality of the project and Ioneer's management team. The broker expects capex to increase by the same measure to -US$1.1bn which would fit into its previous -US$1.2bn capex estimate.

The broker expects the company to make a final investment decision in mid-2025.

No change to 40c target price and Speculative Buy rating.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -1.53 cents.
Access Extra Coverage Research History >

INR STOCK CHART

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1
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