Todd Hannigan Purchases 3,500,000 Shares of IperionX Limited (ASX:IPX) Stock

IperionX Limited (ASX:IPX) insider Todd Hannigan purchased 3,500,000 shares of the company’s stock in a transaction on Monday, December 16th. The shares were purchased at an average cost of A$4.43 ($2.75) per share, with a total value of A$15,505,000.00 ($9,630,434.78).

IperionX Stock Performance

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.