ioneer (NASDAQ:IONR) Rating Increased to Hold at Wall Street Zen

ioneer (NASDAQ:IONR) was upgraded by analysts at Wall Street Zen to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of ioneer in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

ioneer Trading Down 2.5%

Shares of ioneer stock opened at $4.76 on Friday. ioneer has a twelve month low of $2.30 and a twelve month high of $8.20. The firm’s 50-day simple moving average is $4.57 and its 200-day simple moving average is $3.70.

Hedge Funds Weigh In On ioneer

A hedge fund recently bought a new stake in ioneer stock. Bank of America Corp DE bought a new position in ioneer Ltd (NASDAQ:IONR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,546 shares of the company’s stock, valued at approximately $26,000.

About ioneer

ioneer Ltd explores for and develops mineral properties in North America. Its flagship property is the Rhyolite Ridge lithium-boron project located in the state of Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018.