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Ivanhoe Electric (TSE:IE) Share Price Passes Above 200 Day Moving Average - What's Next?

Ivanhoe Electric logo with Basic Materials background

Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$9.63 and traded as high as C$14.22. Ivanhoe Electric shares last traded at C$14.11, with a volume of 3,917 shares traded.

Ivanhoe Electric Stock Up 1.5%

The company has a quick ratio of 8.83, a current ratio of 2.50 and a debt-to-equity ratio of 34.05. The company has a market capitalization of C$1.20 billion, a PE ratio of -6.21 and a beta of 0.83. The stock has a 50-day moving average of C$10.88 and a 200 day moving average of C$9.61.

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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