For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Ivanhoe Electric Inc (AMEX: IE) closed at $11.91 in the last session, up 0.51% from day before closing price of $11.85. In other words, the price has increased by $0.51 from its previous closing price. On the day, 1.58 million shares were traded. IE stock price reached its highest trading level at $12.0077 during the session, while it also had its lowest trading level at $11.65.
Ratios:
We take a closer look at IE’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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:
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 1579146880 and an Enterprise Value of 1570786688. For the stock, the TTM Price-to-Sale (P/S) ratio is 481.45 while its Price-to-Book (P/B) ratio in mrq is 5.14. Its current Enterprise Value per Revenue stands at 479.483 whereas that against EBITDA is -10.979.
Stock Price History:
The Beta on a monthly basis for IE is 0.89, which has changed by 0.21406722 over the last 52 weeks, in comparison to a change of 0.17774606 over the same period for the S&P500. Over the past 52 weeks, IE has reached a high of $12.05, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 38.62%, while the 200-Day Moving Average is calculated to be 53.55%.
Shares Statistics:
According to the various share statistics, IE traded on average about 985.05K shares per day over the past 3-months and 2069560 shares per day over the past 10 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 62.15% stake in the company. Shares short for IE as of 1751241600 were 9165249 with a Short Ratio of 9.30, compared to 1748563200 on 9486656. Therefore, it implies a Short% of Shares Outstanding of 9165249 and a Short% of Float of 10.569999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
