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

IperionX Limited (ASX:IPX) insider Anastasios (Taso) Arima bought 2,318,667 shares of the company’s stock in a transaction on Friday, March 14th. The shares were purchased at an average cost of A$3.18 ($2.01) per share, for a total transaction of A$7,373,361.06 ($4,666,684.22).

IperionX Price Performance

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. 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.