IperionX Limited (IPX) Stock Score, Valuation & Financial Research

IperionX Limited is in the Basic Materials sector and Other Precious Metals industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for IPX

IperionX Limited does not currently have a complete Wall Street Score. The stored market price is USD 16.48. These figures are a research snapshot, not a buy or sell recommendation.

What IperionX Limited does

IperionX Limited primarily focuses on discovering and developing mineral resource sites. The company's geological surveys seek out valuable deposits, specifically targeting epithermal and replacement-style precious and base metals, alongside titanium, rare earth elements, silica sand, and zircon. It possesses complete ownership of the Milford project, which consists of 101 claims within Utah, United States. Additionally, IperionX fully controls the Titan project, an approximately 6,000-acre area located in Tennessee, United States. Established in 2017, the enterprise was initially known as Hyperion Metals Limited, subsequently changing its name to IperionX Limited in February 2022. Its corporate headquarters are based in Charlotte, North Carolina.

Company business and revenue

Research reporting period: 2026-06-30. A research update is not a new financial filing.

How the company makes money

IperionX is a development-stage company focused on commercializing patented titanium metal production technologies. It aims to generate revenue by selling high-performance titanium alloys and manufactured products to advanced industries, while also developing the Titan critical minerals project to supply titanium, zircon, and rare-earth minerals.

Products and services

  • Titanium metal powders for additive manufacturing, near-net-shape forged titanium components, and critical minerals including titanium, zircon, and rare-earth elements.

Customer types

Aerospace; Defense; Medical; Automotive.

Suppliers, materials and equipment

  • Unnamed — The company utilizes various third-party providers for industrial pilot facility operations and equipment, though specific supplier names are not disclosed in the annual report. Source

Business strengths to evaluate

  • Patented titanium metal production technologies Source
  • Integrated U.S.-based supply chain strategy Source

Business risks and research considerations

  • Development-stage company with no history of commercial revenue Source
  • Dependence on successful scaling of production technologies Source

Sources: Company research source

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

IPX financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
Not currently available
Stored price:
USD 16.48
Market capitalization:
553.07M (currency not supplied)
Revenue:
USD 0.00
Net income:
USD -102.28M
Free cash flow:
USD -63.02M
Cash:
USD 35.24M
Total debt:
USD 4.16M
EPS:
USD -19.96

What stands out

  • Free cash flow is USD -63.02M, negative for the stored period.
  • The balance sheet shows USD 35.24M of cash versus USD 4.16M of total debt, an excess of cash over debt on these two reported measures.
  • The current research record carries a fundamental change risk warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Cash exceeds debt by USD 31.09M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for IPX

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • How long can IPX fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • How is IPX likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • What specifically needs to improve for IPX to reach sustainable profitability?
  • What does the current fundamental change risk warning mean for the reliability or interpretation of IPX's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-01.

Research-input completeness: 73% of the scoring inputs required for this public page are currently available.

How to research IPX

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

Learn how to analyze a stock · Read the Wall Street Score methodology · Browse other stocks

Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.