Should I buy or sell Ivanhoe Electric stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ivanhoe Electric in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IE shares. View IE analyst ratings or view top-rated stocks .

What is Ivanhoe Electric's stock price target for 2024?

4 brokers have issued 1-year target prices for Ivanhoe Electric's shares. Their IE share price targets range from $16.00 to $20.00. On average, they predict the company's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 51.9% from the stock's current price. View analysts price targets for IE or view top-rated stocks among Wall Street analysts .

How have IE shares performed in 2023?

Ivanhoe Electric's stock was trading at $13.25 at the start of the year. Since then, IE shares have decreased by 13.1% and is now trading at $11.52. View the best growth stocks for 2023 here .

Are investors shorting Ivanhoe Electric?

Ivanhoe Electric saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 2,250,000 shares, an increase of 10.3% from the October 15th total of 2,040,000 shares. Based on an average trading volume of 457,500 shares, the short-interest ratio is currently 4.9 days. Approximately 4.5% of the company's shares are sold short. View Ivanhoe Electric's Short Interest .

How were Ivanhoe Electric's earnings last quarter?

Ivanhoe Electric Inc. (NYSEAMERICAN:IE) issued its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.29) by $0.45. The company had revenue of $0.24 million for the quarter, compared to the consensus estimate of $1.50 million. Ivanhoe Electric had a negative trailing twelve-month return on equity of 51.64% and a negative net margin of 4,787.04%.

What ETFs hold Ivanhoe Electric's stock?

ETFs with the largest weight of Ivanhoe Electric (NYSEAMERICAN:IE) stock in their portfolio include Sprott Junior Copper Miners ETF (COPJ) and ETFMG Prime Junior Silver Miners ETF (SILJ) . WisdomTree Battery Value Chain and Innovation Fund (WBAT) .

Who are Ivanhoe Electric's major shareholders?

Ivanhoe Electric's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (8.52%), Invesco Ltd. (2.85%), Pentwater Capital Management LP (1.47%), Legal & General Group Plc (0.93%), Mak Capital One LLC (0.83%) and Adage Capital Partners GP L.L.C. (0.63%). Insiders that own company stock include Catherine Anne Barone, Evan James Macmillan Young, Graham Richard Thomas Boyd, I-Pulse Inc, Joseph Taylor Melvin, Mark Andrew Stuart Gibson, Robert M Friedland and Taylor Melvin. View institutional ownership trends .

How do I buy shares of Ivanhoe Electric?

Shares of IE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Ivanhoe Electric Stock Price, News & Analysis (NYSEAMERICAN:IE)

$11.52

+0.16 (+1.41%)

(As of 12/1/2023 ET)

Compare

Today's Range: $11.10
▼
$11.70
50-Day Range: N/A
52-Week Range: $9.66
▼
$16.75

Volume: 322,870 shs
Average Volume: 348,483 shs
Market Capitalization: $1.37 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $17.50

Stock Analysis Analyst Forecasts Chart Earnings Headlines Insider Trades Ownership Short Interest

Ivanhoe Electric MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 51.9% Upside
$17.50 Price Target
Short Interest: Bearish
3.52% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$636,257 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.17) to ($0.77) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Ivanhoe Electric has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.50, Ivanhoe Electric has a forecasted upside of 51.9% from its current price of $11.52.
Amount of Analyst Coverage
Ivanhoe Electric has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.52% of the float of Ivanhoe Electric has been sold short.
Short Interest Ratio / Days to Cover
Ivanhoe Electric has a short interest ratio ("days to cover") of 5.1.
Change versus previous month
Short interest in Ivanhoe Electric has recently increased by 8.00%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Ivanhoe Electric does not currently pay a dividend.
Dividend Growth
Ivanhoe Electric does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IE.

0.0

News and Social Media Coverage

Search Interest
Only 1 people have searched for IE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Ivanhoe Electric to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ivanhoe Electric insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $636,257.00 in company stock.
Percentage Held by Insiders
12.50% of the stock of Ivanhoe Electric is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
54.86% of the stock of Ivanhoe Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Ivanhoe Electric are expected to grow in the coming year, from ($1.17) to ($0.77) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ivanhoe Electric is -9.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ivanhoe Electric is -9.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ivanhoe Electric has a P/B Ratio of 3.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ivanhoe Electric Stock (NYSEAMERICAN:IE)

Ivanhoe Electric Inc. explores and develops metals and mineral. It provides Typhoon data acquisition system, a geophysical system that offers primary signal. It also explores copper and gold. The company was incorporated in 2020 and is based in Vancouver, Canada.Ivanhoe Electric Inc. operates as a subsidiary of I-Pulse Inc.

IE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IE Stock News Headlines

November 24, 2023 | americanbankingnews.com

Ivanhoe Electric Inc. (NYSEAMERICAN:IE) CEO Joseph Taylor Melvin Sells 61,953 Shares

November 14, 2023 | theglobeandmail.com

Closing Bell: Ivanhoe Electric Inc flat on Monday (IE)

December 3, 2023 | DTI Trader (Ad)

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October 9, 2023 | finance.yahoo.com

Ivanhoe Electric Reports First Drill Results from its Initial Exploration Program at the Hog Heaven Project in Montana

October 5, 2023 | proactiveinvestors.com

Cordoba Metals raises short-term funds for Alacran project

September 19, 2023 | finance.yahoo.com

Ivanhoe Electric Announces Closing of Public Offering and Exercise of Underwriters’ Option

September 14, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trade Resumption - IE

September 14, 2023 | markets.businessinsider.com

Pre-market Movers: SPPL, NAOV, IFRX, PCT, IE…

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

September 13, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trading Halt - IE

September 13, 2023 | msn.com

Ivanhoe Electric to launch $150M public stock offering

September 11, 2023 | finance.yahoo.com

LithiumBank Announces Intellectual Property License Agreement with G2L Greenview Resources Inc. for Direct Lithium Extraction Technology, Pilot Plant Testing and Commercialization

September 7, 2023 | msn.com

BMO Capital Maintains Ivanhoe Electric (IE) Outperform Recommendation

August 31, 2023 | finance.yahoo.com

SPARTON RESOURCES INC.: VRB Energy Inc. Achieves Milestone Global Certification for its Third Generation Vanadium Redox Flow Batteries

August 31, 2023 | finance.yahoo.com

SPARTON RESOURCES INC.: VRB Energy Inc. Achieves Milestone Global Certification for its Third Generation Vanadium Redox Flow Batteries

June 27, 2023 | theglobeandmail.com

Closing Bell: Ivanhoe Electric Inc up on Tuesday (IE)

June 26, 2023 | finance.yahoo.com

Kaizen Discovery Arranges C$2 Million Short-Term Loan from Ivanhoe Electric

June 15, 2023 | juniorminingnetwork.com

Recent Infill Drilling at Ivanhoe Electric’s Santa Cruz Copper Project in Arizona...

June 14, 2023 | finance.yahoo.com

Recent Infill Drilling at Ivanhoe Electric’s Santa Cruz Copper Project in Arizona Identifies New High-Grade Soluble Copper Mineralization and Continues to Validate Mineral Resource Model

June 2, 2023 | finance.yahoo.com

Wall Street Analysts Think Ivanhoe Electric (IE) Could Surge 30.37%: Read This Before Placing a Bet

May 24, 2023 | finance.yahoo.com

Ivanhoe Electric Closes Acquisition of Private Land at the Santa Cruz Copper Project in Arizona

May 17, 2023 | markets.businessinsider.com

Jefferies Keeps Their Buy Rating on Ivanhoe Electric Inc. (IE)

May 15, 2023 | msn.com

Ivanhoe Electric surges after Saudi's Ma'aden buys stake for $126.5M

May 11, 2023 | finanznachrichten.de

Ivanhoe Electric Inc.: Ivanhoe Electric to Acquire 6,205 Acres of Private Land at the Santa Cruz Copper Project Near Casa Grande, Arizona

May 11, 2023 | finance.yahoo.com

Ivanhoe Electric to Acquire 6,205 Acres of Private Land at the Santa Cruz Copper Project Near Casa Grande, Arizona

May 8, 2023 | finance.yahoo.com

Ivanhoe Electric Subsidiary Cordoba Minerals Announces Closing of Milestone Agreement with JCHX for Joint Development of the Alacran Copper Project in Colombia

April 25, 2023 | theglobeandmail.com

Closing Bell: Ivanhoe Electric Inc up on Monday (IE)

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: Metal mining
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSEAMERICAN:IE
CUSIP: N/A
CIK: N/A
Web: ivanhoeelectric.com
Phone: 604-689-8765
Fax: N/A
Employees: 244
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $17.50
High Stock Price Target: $20.00
Low Stock Price Target: $16.00
Potential Upside/Downside: +51.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.17)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-149,810,000.00
Net Margins: -4,787.04%
Pretax Margin: -8,422.88%
Return on Equity: -51.64%
Return on Assets: -35.98%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 4.17
Quick Ratio: 4.10

Sales & Book Value

Annual Sales: $8.44 million
Price / Sales: 162.48
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.27 per share
Price / Book: 3.52

Miscellaneous

Outstanding Shares: 119,040,000
Free Float: 104,158,000
Market Cap: $1.37 billion
Optionable: Not Optionable
Beta: 1.07

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Key Executives

Mr. Robert Martin Friedland (Age 72)
Founder & Executive Chairman
Mr. Taylor Melvin (Age 53)
President, CEO & Director
Comp: $514.77k
Mr. Jordan Neeser (Age 41)
Chief Financial Officer
Comp: $237.35k
Mr. Glen Nickolas Kuntz P.Geo (Age 54)
Senior Vice-President of Mine Development
Comp: $253.62k
Mr. Mark Gibson B.Sc. (Age 54)
M.Sc., Chief Operating Officer
Ms. Cassandra Pulskamp Joseph Esq. (Age 51)
VP, General Counsel & Corporate Secretary
Ms. Stephani Terhorst (Age 44)
Vice President of Human Resources
Mr. Graham Boyd (Age 38)
Senior Vice President of U.S. Projects
Comp: $139.97k
Mr. Charles N. Forster P.Geo. (Age 76)
Senior Vice President of Exploration
Mr. Quentin Markin (Age 50)
Executive Vice President of Business Development & Strategy Execution

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IE Stock Analysis - Frequently Asked Questions

Should I buy or sell Ivanhoe Electric stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ivanhoe Electric in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IE shares.
View IE analyst ratings or view top-rated stocks.
What is Ivanhoe Electric's stock price target for 2024?: 4 brokers have issued 1-year target prices for Ivanhoe Electric's shares. Their IE share price targets range from $16.00 to $20.00. On average, they predict the company's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 51.9% from the stock's current price.
View analysts price targets for IE or view top-rated stocks among Wall Street analysts.
How have IE shares performed in 2023?: Ivanhoe Electric's stock was trading at $13.25 at the start of the year. Since then, IE shares have decreased by 13.1% and is now trading at $11.52.
View the best growth stocks for 2023 here.
Are investors shorting Ivanhoe Electric?: Ivanhoe Electric saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 2,250,000 shares, an increase of 10.3% from the October 15th total of 2,040,000 shares. Based on an average trading volume of 457,500 shares, the short-interest ratio is currently 4.9 days. Approximately 4.5% of the company's shares are sold short.
View Ivanhoe Electric's Short Interest.

How were Ivanhoe Electric's earnings last quarter?: Ivanhoe Electric Inc. (NYSEAMERICAN:IE) issued its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.29) by $0.45. The company had revenue of $0.24 million for the quarter, compared to the consensus estimate of $1.50 million. Ivanhoe Electric had a negative trailing twelve-month return on equity of 51.64% and a negative net margin of 4,787.04%.
What ETFs hold Ivanhoe Electric's stock?: ETFs with the largest weight of Ivanhoe Electric (NYSEAMERICAN:IE) stock in their portfolio include Sprott Junior Copper Miners ETF (COPJ) and ETFMG Prime Junior Silver Miners ETF (SILJ).WisdomTree Battery Value Chain and Innovation Fund (WBAT).
Who are Ivanhoe Electric's major shareholders?: Ivanhoe Electric's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (8.52%), Invesco Ltd. (2.85%), Pentwater Capital Management LP (1.47%), Legal & General Group Plc (0.93%), Mak Capital One LLC (0.83%) and Adage Capital Partners GP L.L.C. (0.63%). Insiders that own company stock include Catherine Anne Barone, Evan James Macmillan Young, Graham Richard Thomas Boyd, I-Pulse Inc, Joseph Taylor Melvin, Mark Andrew Stuart Gibson, Robert M Friedland and Taylor Melvin.
View institutional ownership trends.
How do I buy shares of Ivanhoe Electric?: Shares of IE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:IE) was last updated on 12/3/2023 by MarketBeat.com Staff

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