Stifel Financial Corp Has $15.67 Million Holdings in IperionX Limited (NASDAQ:IPX)

Stifel Financial Corp increased its position in shares of IperionX Limited (NASDAQ:IPX - Free Report) by 34.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 703,679 shares of the company's stock after buying an additional 179,650 shares during the quarter. Stifel Financial Corp owned 2.39% of IperionX worth $15,671,000 as of its most recent SEC filing.

Separately, Ballentine Partners LLC bought a new position in shares of IperionX in the 3rd quarter valued at about $529,000. 2.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, B. Riley began coverage on IperionX in a report on Thursday, October 10th. They set a "buy" rating and a $30.00 target price on the stock.

IperionX Stock Up 1.3 %

Shares of IperionX stock traded up $0.36 on Wednesday, reaching $28.40. 31,255 shares of the stock were exchanged, compared to its average volume of 33,025. IperionX Limited has a one year low of $8.59 and a one year high of $31.60. The company has a debt-to-equity ratio of 0.02, a quick ratio of 13.61 and a current ratio of 13.62. The firm's 50 day moving average is $24.96 and its 200-day moving average is $19.11.

IperionX Profile

IperionX's mission is to be the leading developer of low carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX's breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, have low carbon intensity and to do so at product qualities that meet or exceed current industry standards.