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Ivanhoe Electric (TSE:IE) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

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 changing hands.

Ivanhoe Electric Stock Performance

The company has a debt-to-equity ratio of 34.05, a quick ratio of 8.83 and a current ratio of 2.50. The stock's 50 day moving average price is C$10.88 and its 200 day moving average price is C$9.63. The company has a market capitalization of C$1.21 billion, a P/E ratio of -6.28 and a beta of 0.83.

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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