Stifel Nicolaus analyst Cole McGill maintained a Buy rating on ioneer Limited (GSCCF – Research Report) today and set a price target of A$0.50. The company’s shares closed yesterday at $0.20.
McGill covers the Basic Materials sector, focusing on stocks such as Hudbay Minerals, Taseko Mines, and Capstone Copper. According to TipRanks, McGill has an average return of -10.8% and a 38.78% success rate on recommended stocks.
Currently, the analyst consensus on ioneer Limited is a Moderate Buy with an average price target of $0.28.
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