Ioneer (ASX:INR) Stock Price Down 5%

Ioneer Ltd (ASX:INR)’s stock price dropped 5% during mid-day trading on Wednesday . The stock traded as low as A$0.19 ($0.13) and last traded at A$0.19 ($0.13), approximately 892,876 shares changed hands during mid-day trading. The stock had previously closed at A$0.20 ($0.14).

The firm has a market capitalization of $280.72 million and a P/E ratio of -190.00. The firm has a 50 day moving average price of A$0.21 and a 200-day moving average price of A$0.18.

About Ioneer (ASX:INR)

ioneer Ltd explores for mineral properties in North America. It focuses on developing the 100% owned 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 Ltd is based in North Sydney, Australia.

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