Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Ivanhoe Electric Inc’s stock clocked out at $9.17, up 8.65% from its previous closing price of $8.44. In other words, the price has increased by $8.65 from its previous closing price. On the day, 1.64 million shares were traded.
Ratios:
To gain a deeper understanding of IE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.07 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on October 17, 2023, initiated with a Overweight rating and assigned the stock a target price of $18.
On December 22, 2022, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $14.
On September 28, 2022, Raymond James started tracking the stock assigning a Outperform rating and target price of $12.Raymond James initiated its Outperform rating on September 28, 2022, with a $12 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 07 ’25 when Melvin Joseph Taylor bought 50,000 shares for $5.76 per share. The transaction valued at 288,000 led to the insider holds 730,753 shares of the business.
Boyd Graham Richard Thomas bought 5,000 shares of IE for $29,150 on Mar 06 ’25. The Senior VP, Exploration now owns 11,510 shares after completing the transaction at $5.83 per share. On Mar 06 ’25, another insider, Neeser Jordan, who serves as the Chief Financial Officer of the company, bought 7,500 shares for $5.92 each. As a result, the insider paid 44,400 and bolstered with 47,500 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 370.69 while its Price-to-Book (P/B) ratio in mrq is 3.96.
Stock Price History:
Over the past 52 weeks, IE has reached a high of $12.13, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 29.39%, while the 200-Day Moving Average is calculated to be 22.04%.
Shares Statistics:
A total of 132.60M shares are outstanding, with a floating share count of 83.99M. Insiders hold about 36.65% of the company’s shares, while institutions hold 62.08% stake in the company.
