Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Ivanhoe Electric Inc (AMEX: IE) closed at $9.27 in the last session, down -0.96% from day before closing price of $9.36. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 0.76 million shares were traded. IE stock price reached its highest trading level at $9.32 during the session, while it also had its lowest trading level at $8.91.
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 1229109376 and an Enterprise Value of 1194230144. For the stock, the TTM Price-to-Sale (P/S) ratio is 374.73 while its Price-to-Book (P/B) ratio in mrq is 4.00. Its current Enterprise Value per Revenue stands at 364.539 whereas that against EBITDA is -8.347.
Stock Price History:
The Beta on a monthly basis for IE is 0.88, which has changed by -0.08939093 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. 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 22.86%, while the 200-Day Moving Average is calculated to be 22.09%.
Shares Statistics:
According to the various share statistics, IE traded on average about 870.58K shares per day over the past 3-months and 1104050 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 62.08% stake in the company. Shares short for IE as of 1749772800 were 10302852 with a Short Ratio of 11.83, compared to 1747267200 on 8757040. Therefore, it implies a Short% of Shares Outstanding of 10302852 and a Short% of Float of 11.88.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current market rating for Ivanhoe Electric Inc (IE) reflects the collective analysis of 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.04 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.38 and -$1.05 for the fiscal current year, implying an average EPS of -$0.71. EPS for the following year is -$0.62, with 4.0 analysts recommending between -$0.14 and -$1.04.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $1M. It ranges from a high estimate of $1M to a low estimate of $1M. As of the current estimate, Ivanhoe Electric Inc’s year-ago sales were $538kFor the next quarter, 1 analysts are estimating revenue of $1M. There is a high estimate of $1M for the next quarter, whereas the lowest estimate is $1M.
A total of 5 analysts have provided revenue estimates for IE’s current fiscal year. The highest revenue estimate was $7M, while the lowest revenue estimate was $1M, resulting in an average revenue estimate of $2.97M. In the same quarter a year ago, actual revenue was $2.9MBased on 4 analysts’ estimates, the company’s revenue will be $3.76M in the next fiscal year. The high estimate is $8M and the low estimate is $1M.
