Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Ivanhoe Electric Inc (AMEX: IE) was $11.1 for the day, down -4.31% from the previous closing price of $11.6. In other words, the price has decreased by -$4.31 from its previous closing price. On the day, 2.02 million shares were traded. IE stock price reached its highest trading level at $11.725 during the session, while it also had its lowest trading level at $10.79.
Ratios:
Our analysis of IE’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1471748992 and an Enterprise Value of 1463388544. For the stock, the TTM Price-to-Sale (P/S) ratio is 448.71 while its Price-to-Book (P/B) ratio in mrq is 4.79. Its current Enterprise Value per Revenue stands at 446.7 whereas that against EBITDA is -10.228.
Stock Price History:
The Beta on a monthly basis for IE is 0.93, which has changed by 0.11895156 over the last 52 weeks, in comparison to a change of 0.15366066 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 23.81%, while the 200-Day Moving Average is calculated to be 42.15%.
Shares Statistics:
IE traded an average of 1.05M shares per day over the past three months and 1958080 shares per day over the past ten days. 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 62.16% stake in the company. Shares short for IE as of 1752537600 were 9605984 with a Short Ratio of 9.16, 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
