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Ivanhoe Electric (TSE:IE) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Ivanhoe Electric logo with Basic Materials background

Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$12.99 and traded as high as C$15.41. Ivanhoe Electric shares last traded at C$15.28, with a volume of 3,105 shares changing hands.

Ivanhoe Electric Stock Down 0.8 %

The company has a debt-to-equity ratio of 27.70, a quick ratio of 8.83 and a current ratio of 3.66. The company has a market cap of C$1.84 billion, a P/E ratio of -5.62 and a beta of 0.83. The business's fifty day moving average is C$12.05 and its two-hundred day moving average is C$12.99.

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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