Insider Buying: IperionX Limited (ASX:IPX) Insider Acquires A$7,373,361.06 in Stock

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

IperionX Price 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 company has a market cap of $835.12 million, a price-to-earnings ratio of -27,330.67 and a beta of 1.20.

IperionX Company Profile

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.