Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$11.22 and traded as high as C$16.96. Ivanhoe Electric shares last traded at C$16.69, with a volume of 23,568 shares traded.
Analyst Upgrades and Downgrades
Separately, National Bankshares set a C$18.00 target price on Ivanhoe Electric and gave the company an "outperform" rating in a research note on Thursday, September 4th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of C$18.00.
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Ivanhoe Electric Stock Performance
The company has a market cap of C$2.22 billion, a P/E ratio of -26.08 and a beta of 1.26. 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 firm's fifty day moving average price is C$13.39 and its 200-day moving average price is C$11.22.
Ivanhoe Electric Company Profile
(
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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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