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Ivanhoe Electric (TSE:IE) Share Price Crosses Above 200-Day Moving Average - Here's Why

Ivanhoe Electric logo with Basic Materials background

Ivanhoe Electric Inc. (TSE:IE - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$9.50 and traded as high as C$12.69. Ivanhoe Electric shares last traded at C$12.55, with a volume of 701 shares traded.

Ivanhoe Electric Trading Down 1.0%

The stock has a market cap of C$1.07 billion, a price-to-earnings ratio of -5.52 and a beta of 0.83. The firm's 50 day moving average is C$10.41 and its two-hundred day moving average is C$9.51. The company has a quick ratio of 8.83, a current ratio of 2.50 and a debt-to-equity ratio of 34.05.

About Ivanhoe Electric

(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.

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