The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Ivanhoe Electric Inc (AMEX: IE) closed at $6.33 in the last session, up 2.76% from day before closing price of $6.16. In other words, the price has increased by $2.76 from its previous closing price. On the day, 0.56 million shares were traded. IE stock price reached its highest trading level at $6.45 during the session, while it also had its lowest trading level at $6.1869.
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 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 839294720 and an Enterprise Value of 884817472. For the stock, the TTM Price-to-Sale (P/S) ratio is 289.41 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 305.004 whereas that against EBITDA is -5.116.
Stock Price History:
The Beta on a monthly basis for IE is 0.70, which has changed by -0.4287004 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, IE has reached a high of $12.98, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 5.09%, while the 200-Day Moving Average is calculated to be -17.13%.
Shares Statistics:
According to the various share statistics, IE traded on average about 888.38K shares per day over the past 3-months and 574940 shares per day over the past 10 days. A total of 120.61M shares are outstanding, with a floating share count of 82.98M. Insiders hold about 37.41% of the company’s shares, while institutions hold 54.41% stake in the company. Shares short for IE as of 1744675200 were 10010527 with a Short Ratio of 11.27, compared to 1741910400 on 8781116. Therefore, it implies a Short% of Shares Outstanding of 10010527 and a Short% of Float of 11.540000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
