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Ivanhoe Electric (TSE:IE) Sets New 1-Year Low - Time to Sell?

Ivanhoe Electric logo with Basic Materials background
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Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$8.30 and last traded at C$8.30, with a volume of 1953 shares trading hands. The stock had previously closed at C$9.15.

Ivanhoe Electric Price Performance

The firm has a market capitalization of C$767.84 million, a P/E ratio of -3.98 and a beta of 0.83. The firm has a 50 day moving average price of C$9.51 and a 200-day moving average price of C$11.06. The company has a current ratio of 2.50, a quick ratio of 8.83 and a debt-to-equity ratio of 34.05.

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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