Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Ivanhoe Electric Inc (AMEX: IE) closed at $9.86 up 2.82% from its previous closing price of $9.59. In other words, the price has increased by $2.82 from its previous closing price. On the day, 0.99 million shares were traded. IE stock price reached its highest trading level at $10.045 during the session, while it also had its lowest trading level at $9.665.
Ratios:
For a deeper understanding of Ivanhoe Electric Inc’s stock, let’s take a closer look at its various 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.
On October 17, 2023, JP Morgan started tracking the stock assigning a Overweight rating and target price of $18.
On December 22, 2022, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $14.Scotiabank initiated its Sector Perform rating on December 22, 2022, with a $14 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IE now has a Market Capitalization of 1307337344 and an Enterprise Value of 1298976512. For the stock, the TTM Price-to-Sale (P/S) ratio is 398.58 while its Price-to-Book (P/B) ratio in mrq is 4.26. Its current Enterprise Value per Revenue stands at 396.513 whereas that against EBITDA is -9.079.
Stock Price History:
The Beta on a monthly basis for IE is 0.88, which has changed by 0.3694445 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, IE has reached a high of $13.25, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 7.30%, while the 200-Day Moving Average is calculated to be 26.01%.
Shares Statistics:
For the past three months, IE has traded an average of 1.13M shares per day and 1695670 over the past ten days. A total of 132.60M shares are outstanding, with a floating share count of 92.49M. Insiders hold about 30.24% of the company’s shares, while institutions hold 62.12% stake in the company. Shares short for IE as of 1752537600 were 9605984 with a Short Ratio of 8.47, compared to 1749772800 on 10302852. Therefore, it implies a Short% of Shares Outstanding of 9605984 and a Short% of Float of 11.08.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
