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 $5.57 in the last session, down -3.63% from day before closing price of $5.78. In other words, the price has decreased by -$3.63 from its previous closing price. On the day, 0.9 million shares were traded.
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 2.07 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.21.
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:
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 06 ’25 when Boyd Graham Richard Thomas bought 5,000 shares for $5.83 per share. The transaction valued at 29,150 led to the insider holds 11,510 shares of the business.
Neeser Jordan bought 7,500 shares of IE for $44,400 on Mar 06 ’25. The Chief Financial Officer now owns 47,500 shares after completing the transaction at $5.92 per share. On Mar 07 ’25, another insider, Neeser Jordan, who serves as the Chief Financial Officer of the company, bought 2,500 shares for $5.75 each. As a result, the insider paid 14,375 and bolstered with 50,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 254.62 while its Price-to-Book (P/B) ratio in mrq is 2.50.
Stock Price History:
Over the past 52 weeks, IE has reached a high of $12.98, while it has fallen to a 52-week low of $5.37. The 50-Day Moving Average of the stock is -14.07%, while the 200-Day Moving Average is calculated to be -34.27%.
Shares Statistics:
A total of 120.61M shares are outstanding, with a floating share count of 79.98M. Insiders hold about 39.66% of the company’s shares, while institutions hold 54.26% stake in the company.
