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Iperionx Limited ( (AU:IPX) ) just unveiled an update.
IperionX Limited has issued 678,429 fully paid ordinary shares, which form part of its existing quoted class on the Australian Securities Exchange. The company confirmed that the issuance was conducted without a prospectus under the relevant exemptions of the Corporations Act, and stated it remains in compliance with its financial reporting and continuous disclosure obligations, with no excluded information that would need to be disclosed to investors at this time.
The most recent analyst rating on (AU:IPX) stock is a Buy with a A$9.90 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: 1,548,919
Technical Sentiment Signal: Hold
Current Market Cap: A$1.69B
Learn more about IPX stock on TipRanks’ Stock Analysis page.