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Ivanhoe Electric (TSE:IE) Sets New 1-Year Low - What's Next?

Ivanhoe Electric logo with Basic Materials background
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Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$7.76 and last traded at C$7.92, with a volume of 9812 shares trading hands. The stock had previously closed at C$8.30.

Ivanhoe Electric Stock Performance

The stock has a market cap of C$690.63 million, a P/E ratio of -3.58 and a beta of 0.83. 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 50 day simple moving average of C$9.27 and a 200 day simple moving average of C$11.01.

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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