Shares in IperionX Ltd (ASX: IPX) have tumbled sharply on Monday, with the titanium producer extending a steep sell-off that has wiped out a large portion of its recent gains.
The company’s shares are down a massive 22.62% to $4.07, leaving the stock more than 40% lower over the past week.
Let’s take a closer look at what appears to be driving the sell-off.
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ASX queries sharp share price fall
The Australian Securities Exchange (ASX) issued a price query after the company’s shares dropped rapidly in recent sessions.
In response, IperionX said it was not aware of any undisclosed information that could explain the fall in its share price.
The company confirmed it remained compliant with ASX listing rules and…
