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Ivanhoe Electric (TSE:IE) Stock Passes Above Two Hundred Day Moving Average - Here's Why

Ivanhoe Electric logo with Basic Materials background

Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$9.71 and traded as high as C$10.00. Ivanhoe Electric shares last traded at C$9.90, with a volume of 2,043 shares trading hands.

Ivanhoe Electric Trading Down 1.8%

The company has a market capitalization of C$904.25 million, a PE ratio of -4.69 and a beta of 0.83. The company's fifty day moving average is C$8.76 and its 200-day moving average is C$9.63. The company has a debt-to-equity ratio of 34.05, a current ratio of 2.50 and a quick ratio of 8.83.

Ivanhoe Electric Company Profile

(Get Free Report)

Ivanhoe Electric Inc is a mineral project exploration and development company with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, in particular, copper, gold, silver, nickel, cobalt, vanadium, and the platinum group metals.

Further Reading

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