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

Ivanhoe Electric logo with Basic Materials background

Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$9.45 and traded as high as C$12.71. Ivanhoe Electric shares last traded at C$12.71, with a volume of 6,439 shares trading hands.

Ivanhoe Electric Stock Performance

The company has a current ratio of 2.50, a quick ratio of 8.83 and a debt-to-equity ratio of 34.05. The stock has a market capitalization of C$1.09 billion, a PE ratio of -5.65 and a beta of 0.83. The firm's fifty day moving average price is C$9.78 and its two-hundred day moving average price is C$9.45.

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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