Anastasios (Taso) Arima Purchases 2,318,667 Shares of IperionX Limited (ASX:IPX) Stock

IperionX Limited (ASX:IPX) insider Anastasios (Taso) Arima purchased 2,318,667 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The shares were bought at an average cost of A$3.18 ($2.03) per share, with a total value of A$7,373,361.06 ($4,696,408.32).

IperionX Stock Performance

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

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.