B. Riley lowered the firm’s price target on IperionX (IPX) to $28 from $30 and keeps a Buy rating on the shares. IperionX is scaling up titanium manufacturing at its Virginia campus, with full operational capacity expected by mid-2025, although Riley now assumes a more conservative ramp, the analyst tells investors in a research note.
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Read More on IPX:
- IperionX Ltd. Announces Director’s Share Acquisition
- IperionX commences DFS for Titan Critical Minerals Project
- IperionX Launches Feasibility Study for Titan Project with U.S. Government Support
- IperionX receives approval for $11M equipment finance loan
- IperionX Ltd. ADR: Advancing U.S. Titanium Supply Chain
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