IPX Stock Overview

Engages in exploration and development of its mineral properties in the United States. More details

IPX fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	6/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 90.2% below our estimate of its fair value

Earnings are forecast to grow 66.96% per year

Risk Analysis

Makes less than USD$1m in revenue ($0)

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

IperionX Limited Competitors

Zimplats Holdings

ASX:ZIM

AU$1.3b

Southern Palladium

ASX:SPD

AU$54.6m

Adriatic Metals

ASX:ADT

AU$1.3b

Liontown Resources

ASX:LTR

AU$1.3b

Price History & Performance

Summary of share price highs, lows and changes for IperionX
Historical stock prices
Current Share Price	AU$4.60
52 Week High	AU$4.82
52 Week Low	AU$1.32
Beta	1.25
1 Month Change	9.52%
3 Month Change	61.97%
1 Year Change	244.57%
3 Year Change	405.49%
5 Year Change	4,500.00%
Change since IPO	1,816.67%

Recent updates

Shareholder Returns

	IPX	AU Metals and Mining	AU Market
7D	1.5%	-5.2%	-2.7%
1Y	244.6%	-19.5%	6.5%

Return vs Industry: IPX exceeded the Australian Metals and Mining industry which returned -19.5% over the past year.

Return vs Market: IPX exceeded the Australian Market which returned 6.5% over the past year.

Price Volatility

Is IPX's price volatile compared to industry and market?
IPX volatility
IPX Average Weekly Movement	7.9%
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: IPX has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: IPX's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2017	30	Taso Arima	iperionx.com

IperionX Limited engages in exploration and development of its mineral properties in the United States. The company 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 11,054 acres of surface and associated mineral rights in Tennessee, the United States. It also produces titanium products made from scrap titanium at industrial pilot facility in Utah, United States.

IperionX Limited Fundamentals Summary

How do IperionX's earnings and revenue compare to its market cap?
IPX fundamental statistics
Market cap	AU$1.38b
Earnings (TTM)	-AU$34.93m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-39.5x

P/E Ratio

Is IPX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IPX income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$21.84m
Earnings	-US$21.84m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.073
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.05%

How did IPX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 21:54
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IperionX Limited is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jacob Sekelsky	Alliance Global Partners
Stuart Howe	Bell Potter
Lucas Pipes	B. Riley Securities, Inc.

IPX Stock Overview

Rewards

Risk Analysis

IperionX Limited Competitors

ASX:ZIM

AU$1.3b

ASX:SPD

AU$54.6m

ASX:ADT

AU$1.3b

ASX:LTR

AU$1.3b

Price History & Performance

Recent News & Updates

Consensus revenue estimates fall by 14%

IperionX Limited (ASX:IPX) acquired Assets and intellectual property portfolio from Blacksand Technology LLC.

Consensus revenue estimates fall by 23%

New major risk - Shareholder dilution

IperionX Limited has filed a Follow-on Equity Offering in the amount of AUD 100 million.

Insufficient new directors

Recent updates

Consensus revenue estimates fall by 14%

IperionX Limited (ASX:IPX) acquired Assets and intellectual property portfolio from Blacksand Technology LLC.

Consensus revenue estimates fall by 23%

New major risk - Shareholder dilution

IperionX Limited has filed a Follow-on Equity Offering in the amount of AUD 100 million.

Insufficient new directors

Companies Like IperionX (ASX:IPX) Are In A Position To Invest In Growth

IperionX Limited, Annual General Meeting, Nov 22, 2024

New major risk - Financial position

IperionX Achieves Major Milestone with First Successful Titanium Furnace Production Run

Forecast to breakeven in 2027

IperionX Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million.

Is IperionX (ASX:IPX) Using Debt Sensibly?

New major risk - Financial position

Executive Chairman recently bought AU$643k worth of stock

Executive Chairman exercised options to buy AU$2.9m worth of stock.

IperionX Limited Appoints Marcela Castro as Chief Financial Officer

Executive Chairman recently bought AU$763k worth of stock

IperionX Limited announced that it has received $16.7 million in funding from Fidelity Management & Research Company LLC, Inherent Group, LLC, B. Riley Principal Investments, LLC

IperionX Limited announced that it has received $16.7 million in funding from Fidelity Management & Research Company LLC, Inherent Group, LLC, B. Riley Principal Investments, LLC

IperionX Limited Receives USD 12.7 million U.S. Department of Defense Grant

IperionX Limited has completed a Follow-on Equity Offering in the amount of AUD 26.25 million.

Here's Why We're Watching IperionX's (ASX:IPX) Cash Burn Situation

IperionX Limited, Annual General Meeting, Nov 22, 2023

IperionX Limited Announces Titan Project Development Update

Iperionx Achieves First Ul Validated 100% Recycled Titanium

New major risk - Share price stability

Executive Chairman recently bought AU$842k worth of stock

IperionX Limited has completed a Follow-on Equity Offering in the amount of AUD 20 million.

High number of new and inexperienced directors

IperionX Limited Appoints Toby Symonds as President

IperionX Limited has completed a Follow-on Equity Offering in the amount of AUD 24 million.

IperionX Limited, Annual General Meeting, Nov 25, 2022

IperionX Limited, Annual General Meeting, Oct 27, 2022

IperionX Limited Commissions Mineral Demonstration Facility

Executive Chairman recently bought AU$576k worth of stock

IperionX Limited Announces Successful Application of Patented Low-Carbon Titanium Metal Technologies

IperionX Limited Develops Low Carbon Titanium Enrichment Process

We Think IperionX (ASX:IPX) Needs To Drive Business Growth Carefully

IperionX Limited Announces Titan Project Scoping Study

Executive Chairman recently bought AU$1.1m worth of stock

High number of new and inexperienced directors

Executive Chairman recently bought AU$312k worth of stock

Hyperion Metals Limited announced that it expects to receive AUD 24 million in funding from Fidelity Management & Research Company LLC and other investors

Hyperion Metals Limited Grows Land Position At the Titan Project By 55%

Non-Executive Chairman recently bought AU$655k worth of stock

Hyperion Metals Limited Commences Scoping Study

Hyperion Metals Limited Provides an Update on Phase 3 Drilling Program from Its Titan Critical Mineral Project

Non-Executive Chairman recently bought AU$435k worth of stock

Non-Executive Director has left the company

Tao Commodities Limited Announces Additions to its Management Team

TAO Commodities Limited, Annual General Meeting, Apr 14, 2021

TAO Commodities Limited Announces Results of the Phase 2 Drilling Program

New 90-day high: AU$0.94

MD & Executive Director has left the company

Mark Connelly Will Step Down as Non-Executive Director of TAO Commodities Limited, Effective February 18, 2021

Independent Non-Executive Director has left the company

Tao Commodities Limited Appoints Todd Hannigan as Director

New 90-day high: AU$0.50