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Iperionx Limited ( (AU:IPX) ) has issued an announcement.
Iperionx Limited announced the issuance of 425,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code IPX. This move is part of the company’s strategy to enhance its capital structure and potentially strengthen its market position by leveraging the additional securities for future growth opportunities.
The most recent analyst rating on (AU:IPX) stock is a Buy with a A$4.65 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
Iperionx Limited operates in the technology and materials industry, focusing on the development and commercialization of critical materials. The company is involved in producing advanced materials that are essential for various high-tech applications.
Average Trading Volume: 1,426,204
Technical Sentiment Signal: Buy
Current Market Cap: A$2.01B
For an in-depth examination of IPX stock, go to TipRanks’ Overview page.