IperionX (ASX:IPX) Insider Acquires A$2,163,748.93 in Stock

IperionX Limited (ASX:IPX) insider Anastasios (Taso) Arima acquired 318,667 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The stock was purchased at an average price of A$6.79 per share, for a total transaction of A$2,163,748.93.

IperionX Stock Performance

The company has a market capitalization of $835.12 million, a PE ratio of -27,330.67 and a beta of 1.20. The company has a debt-to-equity ratio of 2.90, a quick ratio of 2.74 and a current ratio of 13.62.

About IperionX

IperionX Limited engages in exploration and development of its mineral properties in the United States. It holds a 100% interest in the critical minerals Titan project, which has the resource of titanium, rare earth, and zircon rich mineral sands covering approximately 11,071 acres of surface and associated mineral rights in Tennessee, the United States. The company also produces titanium products made from scrap titanium at industrial pilot facility in Utah, United States. It operates titanium business to support various industries, including consumer electronics, aerospace, space, defense, medical, bicycles, additive manufacturing, hydrogen, and automotive.