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Ivanhoe Electric (TSE:IE) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Ivanhoe Electric logo with Basic Materials background

Key Points

  • Ivanhoe Electric Inc. (TSE:IE) stock price climbed above its 200-day moving average, reaching C$13.78 during trading, with the last trade at C$13.70.
  • The company reported a market cap of C$1.18 billion, a debt-to-equity ratio of 34.05, and a P/E ratio of -6.09.
  • Ivanhoe Electric is focused on mineral exploration for metals crucial for electrification, including copper, gold, and nickel.
  • Want stock alerts on Ivanhoe Electric? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Ivanhoe Electric Inc. (TSE:IE - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$10.33 and traded as high as C$13.78. Ivanhoe Electric shares last traded at C$13.70, with a volume of 17,912 shares.

Ivanhoe Electric Stock Down 3.1%

The company has a market cap of C$1.14 billion, a PE ratio of -5.90 and a beta of 0.83. The business has a 50-day simple moving average of C$13.25 and a 200-day simple moving average of C$10.37. 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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