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IperionX (NASDAQ:IPX) Trading Up 1.6%

Defense World ·  Dec 30, 2022 03:01

IperionX Limited (NASDAQ:IPX – Get Rating)'s share price was up 1.6% during trading on Thursday . The stock traded as high as $4.84 and last traded at $4.73. Approximately 2,647 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 8,468 shares. The stock had previously closed at $4.65.

Analyst Ratings Changes

Separately, Alliance Global Partners started coverage on IperionX in a research report on Thursday, December 8th. They issued a "buy" rating and a $16.50 target price for the company.

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IperionX Trading Up 1.6 %

The company has a debt-to-equity ratio of 0.06, a current ratio of 2.81 and a quick ratio of 2.81. The firm has a fifty day simple moving average of $5.05.

IperionX Company Profile

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IperionX's mission is to be the leading developer of low carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX's breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, have low carbon intensity and to do so at product qualities that meet or exceed current industry standards.

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