Ivanhoe Electric Inc. (IE)

NYSEAMERICAN: IE · Real-Time Price · USD
6.64
+0.20 (3.11%)
May 9, 2025, 11:16 AM - Market open
3.11%
Market Cap 880.40M
Revenue (ttm) 3.28M
Net Income (ttm) -103.63M
Shares Out 132.59M
EPS (ttm) -0.85
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 152,785
Open 6.54
Previous Close 6.44
Day's Range 6.54 - 6.76
52-Week Range 4.50 - 12.98
Beta 0.70
Analysts Strong Buy
Price Target 12.17 (+83.28%)
Earnings Date May 6, 2025

About IE

Ivanhoe Electric Inc., a mineral exploration company, focuses on developing mines from mineral deposits primarily in the United States. The company primarily explores for copper, gold, and silver deposits. Its flagship projects are the Santa Cruz Project, a copper exploration project that comprises 5,975 acres on private land and associated water rights located in Arizona; and the Tintic Project, which covers an area of approximately 81.97 square kilometers of private patented claims, unpatented claims, and state leases situated in Utah. The co... [Read more]

Industry Copper
Sector Materials
IPO Date Jun 28, 2022
Employees 240
Stock Exchange NYSEAMERICAN
Ticker Symbol IE
Full Company Profile

Financial Performance

In 2024, Ivanhoe Electric's revenue was $2.90 million, a decrease of -25.67% compared to the previous year's $3.90 million. Losses were -$128.62 million, -35.49% less than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for IE stock is "Strong Buy." The 12-month stock price forecast is $12.17, which is an increase of 83.28% from the latest price.

Price Target
$12.17
(83.28% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ivanhoe Electric Subsidiary Cordoba Minerals Corp. Signs Definitive Agreement to Sell Remaining 50% Stake in Alacran Copper Project in Colombia

Initial Cash Proceeds of US $88 Million to be Paid on Closing with an Additional US $12 Million Paid upon Commercial Production US $100 Million Purchase Price Represents a Value per Cordoba Minerals C...

1 day ago - Newsfile Corp

Ivanhoe Electric Receives Indication for up to $825 Million in Financing from Export-Import Bank of the United States for Santa Cruz Copper Project

United States Government Support Reinforces Strategic Importance of Santa Cruz Copper Project in Enhancing Domestic Copper Supply Santa Cruz Copper Project Preliminary Feasibility Study on Track for J...

24 days ago - Newsfile Corp

Ivanhoe Electric Applauds Executive Order to Accelerate Mineral Production in the United States

Ivanhoe Electric's Santa Cruz Copper Project in Arizona on Track to Deliver Completed Preliminary Feasibility Study in June 2025 Phoenix, Arizona--(Newsfile Corp. - March 21, 2025) - Ivanhoe Electric ...

7 weeks ago - Newsfile Corp

Ivanhoe Electric Announces Closing of Public Offering and Exercise of Underwriter's Option

Aggregate Gross Proceeds from the Offering and the Exercise of the Underwriter's Option are Approximately $69 Million Phoenix, Arizona--(Newsfile Corp. - February 14, 2025) - Ivanhoe Electric Inc. (NY...

2 months ago - Newsfile Corp

Ivanhoe Electric Announces Pricing and Upsizing of Public Offering

Phoenix, Arizona--(Newsfile Corp. - February 11, 2025) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman, Robert Friedland and President and Chief Executive...

3 months ago - Newsfile Corp

Ivanhoe Electric Announces Public Offering of Units

Phoenix, Arizona--(Newsfile Corp. - February 11, 2025) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman, Robert Friedland and President and Chief Executive...

3 months ago - Newsfile Corp

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 ...

4 months ago - Business Wire

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...

4 months ago - Newsfile Corp

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...

4 months ago - Newsfile Corp

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...

4 months ago - Newsfile Corp

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...

7 months ago - Newsfile Corp

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...

7 months ago - Seeking Alpha

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...

8 months ago - Newsfile Corp

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...

8 months ago - Newsfile Corp

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...

9 months ago - Newsfile Corp

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 ...

9 months ago - Accesswire

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...

9 months ago - Accesswire

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...

11 months ago - Accesswire

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...

1 year ago - Accesswire

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...

Other symbols: BHP
1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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 ...

1 year ago - Accesswire

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...

1 year ago - Accesswire