Ivanhoe Electric Inc. (IE)
| Market Cap | 808.26M |
| Revenue (ttm) | 3.24M |
| Net Income (ttm) | -192.69M |
| Shares Out | 120.46M |
| EPS (ttm) | -1.61 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 363,644 |
| Open | 6.93 |
| Previous Close | 6.89 |
| Day's Range | 6.68 - 7.00 |
| 52-Week Range | 6.31 - 12.98 |
| Beta | 0.79 |
| Analysts | Strong Buy |
| Price Target | 13.17 (+96.27%) |
| Earnings Date | Feb 24, 2025 |
About IE
Ivanhoe Electric Inc. explores and develops metals and mineral. The company provides Typhoon data acquisition system, a geophysical system that offers primary signal. It also explores copper and gold. The company holds 100% interest in the Santa Cruz Copper Project located in Arizona. Ivanhoe Electric Inc. was incorporated in 2020 and is headquartered in Tempe, Arizona. [Read more]
Financial Performance
In 2023, Ivanhoe Electric's revenue was $3.90 million, a decrease of -53.76% compared to the previous year's $8.44 million. Losses were -$199.38 million, 33.1% more than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for IE stock is "Strong Buy." The 12-month stock price forecast is $13.17, which is an increase of 96.27% from the latest price.
News
XtremeX Mining Technology Announces Plans for First Deployment of Its Revolutionary Mineral Drilling Rig with Ivanhoe Electric Following an $11M Series-A Financing Led by GoGreen Partners
RIYADH, Saudi Arabia--(BUSINESS WIRE)--XtremeX Mining Technology Inc. (XMT), a leader in innovative drilling solutions, is excited to announce its cutting-edge AC-electric automated coiled tubing and ...
Ivanhoe Electric's Typhoon(TM) Technology Quickly Proves its Power with Discovery in Saudi Arabia
Drilling Intersected Copper Mineralization in Three Holes to a Depth Beyond 700 Meters and Remains Open The Joint Venture Has Three Typhoon TM Units Active in Saudi Arabia Riyadh, Saudi Arabia--(Newsf...
Ivanhoe Electric and BHP Exploration Alliance Advance Exploration Activities in the Southwest United States
A New Generation Typhoon™ Unit Dedicated to the Exploration Alliance is Conducting its First Survey in Arizona Phoenix, Arizona--(Newsfile Corp. - January 7, 2025) - Ivanhoe Electric Inc. (NYSE Americ...
Ivanhoe Electric Reports Year-End Update on United States Exploration Programs
Drilling Expands the Texaco Deposit in Arizona with Intersections of Significant Enriched Mineralization Drilling at the Hog Heaven Project Identifies a Porphyry Copper-Gold-Molybdenum System in the B...
Ivanhoe Electric's VRB Energy Subsidiary and Red Sun Sign Definitive Agreements for Formation of New Grid Scale Battery Joint Venture
Ivanhoe Electric to Allocate $20 million of Transaction Proceeds to Establish US-Domiciled Vanadium Redox Flow Battery Business Phoenix, Arizona--(Newsfile Corp. - October 15, 2024) - Ivanhoe Electric...
Ivanhoe Electric: A Long-Term Bet On Copper
Ivanhoe Electric has seen a selloff despite strong copper prices. The entire enterprise value is now less than the asset value of the company's primary project alone. IE is backed by several reputable...
Ivanhoe Electric's VRB Energy Subsidiary Secures $55 Million Investment
Ivanhoe Electric to Use $20 Million of the Transaction Proceeds to Establish U.S.-based Grid Scale Vanadium Redox Flow Battery Manufacturing in Arizona Existing VRB Energy Manufacturing Operation in C...
Ivanhoe Electric On-Track to Deliver Santa Cruz Copper Project Preliminary Feasibility Study in Q2 2025
Ivanhoe Electric Will Use the Preliminary Feasibility Study to Pursue Long-term Project Financing Metallurgical Results from Ongoing Testwork Show High Copper Recoveries and Recoverable Precious Metal...
Mike Patterson Joins Ivanhoe Electric as Vice President, Investor Relations and Business Development
Phoenix, Arizona--(Newsfile Corp. - August 20, 2024) - Ivanhoe Electric (NYSE American: IE) (TSX: IE) President and Chief Executive Officer Taylor Melvin is pleased to announce that Mike Patterson joi...
Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia
Initial Program Testing Chargeability Anomaly Identified by Typhoon™ and Computational Geosciences' Inversion Software Typhoon™ Survey Near Ma'aden's Al Amar Gold-Copper-Zinc Mine Now Exceeds 155 km2 ...
Ivanhoe Electric Secures 100% Ownership of Mineral Rights at its Santa Cruz Copper Project with Final Option Payment
PHOENIX, AZ / ACCESSWIRE / August 13, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric", the "Company" or "IE") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland and President and Chief Ex...
Ivanhoe Electric Clarifies Certain Misleading Media Headlines Regarding Its Recent Registration Statement Filing
PHOENIX, AZ / ACCESSWIRE / June 13, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) clarifies misleading certain media headlines speculating that Saudi Arabia Mining Compa...
Ivanhoe Electric Announces Multi-Year Sponsorship with the Native American Mining and Energy Sovereignty Initiative (NAMES) through Colorado School of Mines
PHOENIX, AZ / ACCESSWIRE / May 16, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Me...
Ivanhoe Electric Announces Exploration Alliance with BHP to Accelerate the Search for Copper and Other Critical Minerals in the United States
The Alliance Will Focus Initially on Six Areas of Interest in the Southwest United States BHP to Contribute $15 Million of Exploration Capital over Initial Three-year Term Ivanhoe Electric will Provid...
Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Complete First Full Quarter of Exploration Activities in Saudi Arabia
Initial 76 km2 Typhoon™ Survey on the Umm Ash Shalahib Exploration License Surrounding Ma'aden's Al Amar Gold-Copper-Zinc Mine is Complete Computational Geosciences Rapidly Processed the Initial Typho...
Lara Sims Joins Ivanhoe Electric as Vice President, Health and Safety
PHOENIX, AZ / ACCESSWIRE / April 8, 2024 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) President and Chief Executive Officer Taylor Melvin is pleased to announce that Lara Sims will join the Company a...
Ivanhoe Electric Reports Best Copper-Gold-Silver Intersection To Date at Its Hog Heaven Project in Montana
Drill Hole HHD-014 Intersects 82 Meters Containing 0.63% Copper, 0.32 g/t Gold and 37.8 g/t Silver from 568 Meters High-Grade Vein Zone Includes 3.95 Meters Containing 5.78% Copper, 2.2 g/t Gold and 2...
Ivanhoe Electric Announces Completion of Earn-In to Acquire a 60% Interest in the Samapleu-Grata Nickel-Copper Project in the Ivory Coast
Joint Venture Partner Sama Resources Announced a New Preliminary Economic Assessment for the Project Delivering a Pre-tax NPV8 of US$463M and a Pre-tax IRR of 28.2%, with an Estimated Initial Capital ...
Ivanhoe Electric Announces Application of Latest Computational Geosciences Inc. Software at Tintic Copper-Gold-Silver Project in Utah
Recent Advancements in CGI's Machine Learning-based Software Improve Quality and Speed of Typhoon™ Data Processing Updated Interpretation of Typhoon™ Survey Data at Tintic Resulted in Refined Drill Ta...
Ivanhoe Electric Provides Update on Exploration Drilling Activity at Santa Cruz, Tintic and Hog Heaven Projects
Recent Drilling at the Santa Cruz Project in Arizona Confirms Continuity of High-Grade Copper Mineralization within the Verde Domain Drilling at Tintic Intersects Widespread Porphyry-Style Sulfide Min...
Kaizen Discovery and Ivanhoe Electric Complete Arrangement
(Newsfile Corp. - February 6, 2024) - Kaizen Discovery Inc. (TSXV: KZD) (otherwise "Kaizen" or "the Company") announces today the completion of the acquisition by Ivanhoe Electric Inc. (NYSE American:...
Ivanhoe Electric Reports Recent Drill Results from its Initial Exploration Program at the Hog Heaven Project in Montana
Exploration Drill Hole HHD-007 Intersects 348 Meters Containing 0.43 g/t Gold, 40.48 g/t Silver, 0.22% Lead, and 0.12% Zinc, from 141 to 489 Meters High-Grade Vein Within HHD-007 Returns One Meter Con...
Kaizen Discovery Announces Voting Results from Special Meeting of Securityholders and Receipt of Final Order Approving the Arrangement with Ivanhoe Electric
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - Kaizen Discovery Inc. (TSXV: KZD) (otherwise "Kaizen" or "the Company"), announces today that it obtained a final order from the Supr...
Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Receive Initial Results from the First Typhoon(TM) Survey in Saudi Arabia
Three Chargeability Anomalies have been Identified by TyphoonTM on the Umm Ash Shalahib Exploration License to the South of Ma'aden's Al Amar Gold-Copper-Zinc Mine The Umm Ash Shalahib Typhoon Survey ...
Ivanhoe Electric Provides Update on Activities at its Santa Cruz Copper Project in Arizona
37 Drill Holes Totaling 25,176 Meters of Development Drilling Completed Since Release of the September 2023 Initial Assessment Ongoing Technical Work is Advancing to Support a Preliminary Feasibility ...