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Ivanhoe Electric (TSE:IE) Share Price Crosses Above 200-Day Moving Average - What's Next?

Ivanhoe Electric logo with Basic Materials background

Ivanhoe Electric Inc. (TSE:IE - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$12.93 and traded as high as C$14.83. Ivanhoe Electric shares last traded at C$14.83, with a volume of 18,978 shares changing hands.

Ivanhoe Electric Stock Performance

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 business has a 50-day simple moving average of C$10.89 and a two-hundred day simple moving average of C$12.93. The stock has a market cap of C$1.76 billion, a price-to-earnings ratio of -5.45 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.

Further Reading

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