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Ivanhoe Electric (TSE:IE) Shares Pass Above 200-Day Moving Average - Here's What Happened

Ivanhoe Electric logo with Basic Materials background

Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$13.00 and traded as high as C$13.36. Ivanhoe Electric shares last traded at C$13.05, with a volume of 957 shares trading hands.

Ivanhoe Electric Stock Down 1.1 %

The business's 50 day moving average is C$12.65 and its 200-day moving average is C$13.00. The company has a debt-to-equity ratio of 27.70, a current ratio of 3.66 and a quick ratio of 8.83. The company has a market cap of C$1.55 billion, a PE ratio of -4.82 and a beta of 0.83.

About Ivanhoe Electric

(Get Free Report)

Ivanhoe Electric Inc explores and develops metals and mineral. The company provides Typhoon data acquisition system, a geophysical system that offers primary signal. It also explores copper and gold. The company holds 100% interest in the Santa Cruz Copper Project located in Arizona. Ivanhoe Electric Inc was incorporated in 2020 and is headquartered in Tempe, Arizona.

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