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NYSEAMERICAN:IE

Ivanhoe Electric (IE) Stock Price, News & Analysis

$6.70
+0.24 (+3.72%)
(As of 09/6/2024 ET)
Today's Range
$6.31
$6.75
50-Day Range
N/A
52-Week Range
$6.31
$16.38
Volume
890,574 shs
Average Volume
645,766 shs
Market Capitalization
$806.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.33

Ivanhoe Electric MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
138.8% Upside
$16.00 Price Target
Short Interest
Bearish
9.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.12mentions of Ivanhoe Electric in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.30) to ($0.80) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.43 out of 5 stars

IE stock logo

About Ivanhoe Electric Stock (NYSEAMERICAN:IE)

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 was incorporated in 2020 and is headquartered in Tempe, Arizona.

IE Stock Price History

IE Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
IE Oct 2024 10.000 call
IE Oct 2024 7.500 put
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
Non-Metallic And Industrial Metal Mining
Current Symbol
NYSEAMERICAN:IE
CIK
N/A
Fax
N/A
Employees
90
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$18.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+158.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-199,380,000.00
Net Margins
-4,142.17%
Pretax Margin
-8,713.46%

Debt

Sales & Book Value

Annual Sales
$3.90 million
Book Value
$2.52 per share

Miscellaneous

Free Float
107,674,000
Market Cap
$806.68 million
Optionable
Not Optionable
Beta
0.85
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Key Executives

  • Mr. Robert Martin Friedland (Age 73)
    Founder & Executive Chairman
  • Mr. Taylor Melvin (Age 54)
    President, CEO & Director
    Comp: $514.77k
  • Mr. Jordan Neeser (Age 42)
    Chief Financial Officer
    Comp: $237.35k
  • Mr. Glen Nickolas Kuntz P.Geo (Age 55)
    Senior Vice-President of Mine Development
    Comp: $253.62k
  • Ms. Cassandra Pulskamp Joseph Esq. (Age 52)
    VP, General Counsel & Corporate Secretary
  • Ms. Stephani Terhorst (Age 45)
    Vice President of Human Resources
  • Mr. Graham Boyd (Age 38)
    Senior Vice President of Exploration
    Comp: $139.97k
  • Mr. Mark Gibson B.Sc. (Age 55)
    M.Sc., Chief Geophysics Officer
  • Mr. Quentin Markin (Age 51)
    Executive Vice President of Business Development & Strategy Execution
  • Mr. Alex Neufeld
    Vice President of Exploration

IE Stock Analysis - Frequently Asked Questions

How have IE shares performed this year?

Ivanhoe Electric's stock was trading at $9.38 on January 1st, 2024. Since then, IE stock has decreased by 28.6% and is now trading at $6.70.
View the best growth stocks for 2024 here
.

How were Ivanhoe Electric's earnings last quarter?

Ivanhoe Electric Inc. (NYSEAMERICAN:IE) issued its earnings results on Wednesday, August, 7th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by $0.05. The firm earned $0.54 million during the quarter, compared to analysts' expectations of $1 million. Ivanhoe Electric had a negative net margin of 4,142.17% and a negative trailing twelve-month return on equity of 32.81%.

Who are Ivanhoe Electric's major shareholders?

Ivanhoe Electric's top institutional shareholders include Pentwater Capital Management LP (2.30%), Mak Capital One LLC (1.48%), Goehring & Rozencwajg Associates LLC (1.36%) and Bank of New York Mellon Corp (0.24%). Insiders that own company stock include I-Pulse Inc, Robert M Friedland, Taylor Melvin, Joseph Taylor Melvin, Mark Andrew Stuart Gibson, Graham Richard Thomas Boyd, Catherine Anne Barone, Glen Nickolas Kuntz and Evan James Macmillan Young.
View institutional ownership trends
.

How do I buy shares of Ivanhoe Electric?

Shares of IE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:IE) was last updated on 9/7/2024 by MarketBeat.com Staff

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