Ivanhoe Electric (IE) Stock Price, News & Analysis

Company Overview

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. It operates in three business segments - critical metals; data processing and software licensing services; and energy storage systems. The data processing segment that derives the majority of revenue provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas, and water exploration industries.

Key Stats

• Today's Range: C$11.84 to C$12.24
• 50-Day Range: C$11.84 to C$16.17
• 52-Week Range: C$6.45 to C$17.41
• Volume: 13,881 shs
• Average Volume: 9,043 shs
• Market Capitalization: C$1.57 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$18.00
• Consensus Rating: Buy

Ivanhoe Electric Stock Analysis - MarketRank™

Ivanhoe Electric scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Ivanhoe Electric has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Ivanhoe Electric has a consensus price target of C$18.00, representing about 52.0% upside from its current price of C$11.84.

Amount of Analyst Coverage

Ivanhoe Electric has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ivanhoe Electric is -18.50, 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 -18.50, 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 5.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for IE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ivanhoe Electric does not currently pay a dividend.

Dividend Growth

Ivanhoe Electric does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for IE.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.34

News Sentiment

Ivanhoe Electric has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Ivanhoe Electric this week, compared to 0 articles on an average week.

Search Interest

Only 7 people have searched for IE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ivanhoe Electric insiders have not sold or bought any company stock.

Percentage Held by Insiders

37.09% 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

51.01% of the stock of Ivanhoe Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IE Stock Analysis - Frequently Asked Questions

How have IE shares performed this year?

Ivanhoe Electric's stock was trading at C$10.95 at the beginning of the year. Since then, IE stock has increased by 8.1% and is now trading at C$11.84.

How do I buy shares of Ivanhoe Electric?

Shares of IE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Ivanhoe Electric own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ivanhoe Electric investors own include Albemarle (ALB), SoundHound AI (SOUN), C3.ai (AI), Boeing (BA), Salesforce (CRM), Walt Disney (DIS) and Devon Energy (DVN).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Copper
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: TSE:IE
• CIK: N/A
• Web: www.ivanhoeenergy.com
• Phone: +1-604-3319834
• Fax: N/A
• Employees: 244
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ivanhoe Electric: C$18.00
• High Price Target: C$18.00
• Low Price Target: C$18.00
• Potential Upside/Downside: +52.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.64)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$137.37 million
• Net Margins: -5,947.22%
• Pretax Margin: N/A
• Return on Equity: -61.91%
• Return on Assets: -34.41%

Debt

• Debt-to-Equity Ratio: 34.05
• Current Ratio: 2.50
• Quick Ratio: 8.83

Sales & Book Value

• Annual Sales: C$3.81 million
• Price / Sales: 413.18
• Cash Flow: C$1.52 per share
• Price / Cash Flow: 7.79
• Book Value: C$2.16 per share
• Price / Book: 5.47

Miscellaneous

• Outstanding Shares: 132,817,000
• Free Float: N/A
• Market Cap: C$1.57 billion
• Optionable: Not Optionable
• Beta: 1.26