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$10.96 and traded as high as C$13.02. Ivanhoe Electric shares last traded at C$12.75, with a volume of 21,664 shares changing hands.
Analyst Upgrades and Downgrades
Separately, National Bankshares set a C$18.00 price target on Ivanhoe Electric and gave the company an "outperform" rating in a research report on Thursday, September 4th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of C$18.00.
View Our Latest Report on IE
Ivanhoe Electric Price Performance
The company has a 50-day moving average price of C$13.39 and a two-hundred day moving average price of C$11.01. The company has a debt-to-equity ratio of 34.05, a current ratio of 2.50 and a quick ratio of 8.83. The company has a market cap of C$1.71 billion, a PE ratio of -20.08 and a beta of 1.26.
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.
See Also
Before you consider Ivanhoe Electric, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ivanhoe Electric wasn't on the list.
While Ivanhoe Electric currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
