profit from every $100 of sales.
$0$100
ioneer
$2.76+6.15% today
-35.1% in 1 year
1-year low $2.551-year high $6.39
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What ioneer sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $0 in 2025, with -$9.55 million of profit last year.
SalesProfit
ioneer vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| ioneer | No profit yet | ||
 Teck Resources | 44.0× · Expensive | ||
 MP Materials | No profit yet | ||
 USA Rare Earth | No profit yet | ||
 Nexa Resources | 12.0× · Cheap |
AI analysis
An AI analyst reads ioneer's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| -0 | -0 | -0 | -0 | |
| -12 | -10 | -9 | -10 | |
| -8 | -6 | -8 | -10 | |
| -9 | -6 | -8 | -10 | |
| -0.17 | -0.12 | -0.12 | -0.16 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 213 | 206 | 224 | 234 |
| Cash | 94 | 53 | 36 | 25 |
| Total debt | 0 | 0 | 1 | 0 |
| Total liabilities | 10 | 9 | 6 | 3 |
| 204 | 197 | 218 | 230 | |
| 50 | 52 | 54 | 59 | |
| -3.3% | -2.6% | -2.8% | -3.3% | |
| -4.2% | -3.2% | -3.6% | -4.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 0 | 1 | 0 | – | |
| -9 | -9 | -7 | -7 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- –
- –
- –
- 1.1×
- –
- –
- –
- -3.2%
- -0.0%
- 0.0%
Profitability
- 0.0%
- 0.0%
- 0.0%
- 0.0%
- -1.9%
- -3.3%
- -1.8%
- -1.8%
- -1.9%
- –
Growth
- –
- –
- +84.5%
- –
- −52.0%
Financial health
- 4.2×
- 0.00
- 0.1%
- -118.1×
- 8.58
- 8.58
- 0.00
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 11%of 988
Bottom 9%of 948
Bottom 17%of 987
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 18, 2026 | -0.08 | -0.08 | +0.0% |
| Feb 19, 2025 | -0.00 | -0.04 | +99.8% |
| Sep 19, 2024 | -0.04 | -0.04 | +0.0% |
| Apr 30, 2024 | -0.00 | -0.04 | +99.9% |
| Jun 30, 2023 | -0.01 | -0.08 | +86.3% |
| Dec 30, 2022 | -0.11 | – | – |
| Jun 30, 2022 | -0.08 | – | – |
| Dec 30, 2021 | -0.10 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
31No pass
Benjamin Graham
66Pass
Philip Fisher
23No pass
Peter Lynch
60Pass
Joel Greenblatt
0No pass
Charlie Munger
23No pass
Terry Smith
23No pass
Questions about ioneer
Is ioneer a good stock to buy?
A business with weak numbers that is not profitable yet. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ioneer AI analysis
What does ioneer do?
ioneer Ltd explores for and develops mineral properties in North America. It owns 100% interest in the Rhyolite Ridge lithium-boron project located in Nevada, the United States. It is in Industrial Materials.
Does ioneer pay a dividend?
No. ioneer does not pay a dividend at the moment.
Is ioneer stock halal?
Yes. ioneer passes our halal screen: its business is permitted and its debt is 0.2% of its market value, under the 30% limit. How we check
How has ioneer stock done over the past year?
Down 35.1% over the past twelve months, to $2.76. It traded between $2.55 and $6.39 and is 56.8% below its high.
Who are ioneer's competitors?
The largest listed companies in the same industry are Teck Resources, MP Materials, USA Rare Earth and Nexa Resources. The peers table on this page compares their profit, growth and price with ioneer's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.