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IONR

BEARISH
$3.7 Live
ioneer Ltd · NASDAQ
$2.3 52W Range $8.2

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 12, 2026
Market cap
$296.73M
P/E
N/A
ROE
N/A
Profit margin
N/A
Debt/Equity
0.0
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
85%
IONR presents a profile of a pre-revenue development company with a Piotroski F-Score of 4/9, indicating stable but mediocre financial health. While the balance sheet is exceptionally clean with zero debt and a high current ratio (8.59), the company is suffering from extreme operational losses with an operating margin of -655.13%. The valuation is distorted by a Price/Sales ratio of 452.34, reflecting a near-total lack of revenue. Technical trends are completely bearish (0/100), and long-term price performance is deeply negative, suggesting the market is discounting the company's ability to reach production.

Key Strengths

Zero debt (Debt/Equity: 0.00)
Exceptional short-term liquidity (Current Ratio: 8.59)
Trading near book value (Price/Book: 1.08)
Strong quick ratio (8.42) indicating high cash/liquid asset position
No immediate bankruptcy risk due to lack of leverage

Key Risks

Extreme operating losses (-655.13% operating margin)
Negligible revenue generation (P/S ratio of 452.34)
Severe long-term price erosion (5Y Change: -79%)
Complete lack of analyst coverage and target price guidance
Bearish technical momentum (0/100 trend score)

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
26
Weak
Value
20
Future
30
Past
15
Health
65
Dividend
0
AI Verdict
Speculative / High Risk
Key drivers: Lack of revenue, High cash burn, Strong liquidity, Bearish technicals
Confidence
90%
Value
20/100

Graham Number is N/A; valuation is purely speculative based on assets rather than earnings.

Positives
  • P/B ratio is near 1.0
Watchpoints
  • P/S ratio is astronomically high
  • No P/E or PEG available due to lack of earnings
Future
30/100

Growth metrics are N/A, indicating the company has not yet reached a commercial scale.

Positives
  • Operating in critical Basic Materials sector
Watchpoints
  • No evidence of revenue growth
  • Negative operating margins
Past
15/100

Historical price action shows a long-term downtrend with a recent 6-month crash of 40%.

Positives
  • Recent 1Y return is slightly positive (+11.8%)
Watchpoints
  • 5Y return of -79%
  • 3Y return of -55.1%
Health
65/100

Altman Z-Score is unavailable, but the zero-debt profile provides a significant safety buffer against insolvency.

Positives
  • Zero debt
  • Very high current and quick ratios
Watchpoints
  • Piotroski F-Score is only 4/9
  • Massive operating losses
Dividend
0/100

Company is in a growth/development phase and cannot support dividends.

Positives
No standout positives identified.
Watchpoints
  • No dividend paid
  • 0/100 dividend strength

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$3.7

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for IONR and closest competitors.

Updated 2026-04-10
ION
ioneer Ltd
Primary
5Y
-79.0%
3Y
-55.1%
1Y
+11.8%
6M
-40.0%
1M
-3.1%
1W
-5.8%
HDS
Hudson Technologies, Inc.
Peer
5Y
+195.6%
3Y
-27.7%
1Y
+8.5%
6M
-31.8%
1M
+1.2%
1W
+2.7%
ARE
American Resources Corporation
Peer
5Y
-41.2%
3Y
+71.4%
1Y
+330.2%
6M
-18.0%
1M
-30.1%
1W
-12.0%
ALT
Alto Ingredients, Inc.
Peer
5Y
-18.0%
3Y
+142.7%
1Y
+253.0%
6M
+294.9%
1M
+68.2%
1W
+6.2%
AMT
Aemetis, Inc.
Peer
5Y
-88.1%
3Y
-17.0%
1Y
+44.0%
6M
+6.0%
1M
+50.7%
1W
+63.6%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
N/A
PEG Ratio
N/A
P/B Ratio
1.08
P/S Ratio
452.33
EV/Revenue
17304.1
EV/EBITDA
-1444.57
Market Cap
$296.73M

Profitability

Profit margins and return metrics

Profit Margin N/A
Operating Margin -655.13%
Gross Margin 100.0%
ROE N/A
ROA N/A

Growth

Revenue and earnings growth rates

Revenue Growth N/A
Earnings Growth N/A
Q/Q Revenue Growth N/A
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.0
Low debt
Current Ratio
8.59
Strong
Quick Ratio
8.42
Excellent
Cash/Share
$0.01

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q2 2025

Total Assets
$0.2B
Liabilities
$0.0B
Equity
$0.2B
Debt/Equity
0.01x

Basic Materials Sector Comparison

Comparing IONR against 65 companies in the Basic Materials sector (1 bullish, 28 neutral, 36 bearish)
Debt to Equity
0.0
This Stock
vs
0.48
Sector Avg
-99.7% (Less Debt)
Current Ratio
8.59
This Stock
vs
7.83
Sector Avg
+9.7% (Better)

Similar Companies

Peer comparison within the same industry

Past News Coverage

Recent headlines mentioning IONR from our newsroom.

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