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IperionX Issues 1.77 Million New Shares on ASX

Story Highlights
  • IperionX has issued 1,773,212 new fully paid ordinary shares on the ASX.
  • The company states it remains compliant with reporting rules and has no undisclosed material information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IperionX Issues 1.77 Million New Shares on ASX

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An update from Iperionx Limited ( (AU:IPX) ) is now available.

IperionX Limited has issued 1,773,212 fully paid ordinary shares that form part of its existing class of securities quoted on the Australian Securities Exchange. The company confirmed that the issuance was conducted without a disclosure document under the relevant Corporations Act provisions, while affirming ongoing compliance with financial reporting and continuous disclosure obligations and stating there is no excluded information, signaling that the capital raising was completed within standard regulatory frameworks and without undisclosed material information for investors.

The most recent analyst rating on (AU:IPX) stock is a Hold with a A$7.50 price target. To see the full list of analyst forecasts on Iperionx Limited stock, see the AU:IPX Stock Forecast page.

More about Iperionx Limited

Average Trading Volume: 1,335,849

Technical Sentiment Signal: Buy

Current Market Cap: A$2.47B

See more insights into IPX stock on TipRanks’ Stock Analysis page.

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