Ivanhoe Electric Inc. (IE)

NYSEAMERICAN: IE · IEX Real-Time Price · USD
9.40
-0.33 (-3.39%)
Apr 24, 2024, 4:00 PM EDT - Market closed
-3.39%
Market Cap 1.13B
Revenue (ttm) 3.90M
Net Income (ttm) -199.38M
Shares Out 120.31M
EPS (ttm) 1.95
PE Ratio 4.82
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 347,931
Open 9.67
Previous Close 9.73
Day's Range 9.20 - 9.67
52-Week Range 7.29 - 16.75
Beta n/a
Analysts Buy
Price Target 17.50 (+86.17%)
Earnings Date May 13, 2024

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 was incorporated in 2020 and is headquartered in Tempe, Arizona. [Read more]

Industry Copper
Sector Materials
IPO Date Jun 28, 2022
Employees 244
Stock Exchange NYSEAMERICAN
Ticker Symbol IE
Full Company Profile

Financial Performance

In 2023, IE'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 Statements

Analyst Forecast

According to 3 analysts, the average rating for IE stock is "Buy." The 12-month stock price forecast is $17.5, which is an increase of 86.17% from the latest price.

Price Target
$17.5
(86.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

13 days 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...

16 days 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...

22 days 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 ...

4 weeks 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...

5 weeks ago - Accesswire

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...

2 months ago - Accesswire

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:...

2 months ago - Newsfile Corp

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...

2 months ago - Accesswire

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...

2 months ago - Newsfile Corp

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 ...

3 months ago - Accesswire

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 ...

3 months ago - Accesswire

Executive Chairman Robert Friedland to Deliver a Keynote Presentation at the Future Minerals Forum in Riyadh, Saudi Arabia on January 10, 2024

As the Exclusive Technology Sponsor for the Future Minerals Forum, Ivanhoe Electric will have its Powerful Typhoon™ Geophysical Surveying System on Display PHOENIX, AZ / ACCESSWIRE / January 3, 2024 /...

4 months ago - Accesswire

Kaizen Discovery Announces Friendly Acquisition of the Company by Ivanhoe Electric

Vancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - Kaizen Discovery Inc. (TSXV: KZD) (otherwise "Kaizen" or "the Company"), announces today that the Company has entered into a definiti...

5 months ago - Newsfile Corp

Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Commence Joint Venture Exploration Activities in Saudi Arabia

Ma'aden and Ivanhoe Electric Formed a 50/50 Joint Venture Earlier this Year to Explore for Copper, Gold, Silver and other Electric Metals over ~48,500 km2 of Underexplored Arabian Shield Current Explo...

5 months ago - Accesswire

Ivanhoe Electric Announces Signing of Subscription Agreement by Saudi Arabian Mining Company Ma'aden to Exercise its Top-up Right

Ma'aden's Additional Funding Increases the Total Size of the Recent Equity Offering to Approximately $204 Million PHOENIX, AZ / ACCESSWIRE / October 23, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:...

6 months ago - Accesswire

Ivanhoe Mines and Ivanhoe Electric Congratulate Robert Friedland for Receiving Mongolia's Order of the Polar Star, the Highest State Honor for a Foreign Citizen

Ceremony Held in Ulaanbaatar Celebrating Mr. Friedland's Valuable Contributions to Mongolia's Mining Industry ULAANBAATAR, MONGOLIA / ACCESSWIRE / October 16, 2023 / Ivanhoe Mines (TSX:IVN)(OTCQX:IVPA...

Other symbols: IVPAF
6 months ago - Accesswire

Ivanhoe Electric Reports First Drill Results from its Initial Exploration Program at the Hog Heaven Project in Montana

Exploration Drilling Intersects Widespread Precious and Base Metal Mineralization To Significant Depth Below Historic Mining Levels Exploration Drill Hole HHD-005 Intersects 311 Meters Containing 0.35...

7 months ago - Accesswire

Ivanhoe Electric Announces Closing of Public Offering and Exercise of Underwriters' Option

Aggregate Gross Proceeds from the Offering and the Exercise of the Underwriters' Option will be Approximately $184 Million PHOENIX, AZ / ACCESSWIRE / September 19, 2023 / Ivanhoe Electric Inc. (NYSE A...

7 months ago - Accesswire

Ivanhoe Electric Announces Pricing and Upsizing of Public Offering

PHOENIX, AZ / ACCESSWIRE / September 14, 2023 / Ivanhoe Electric Inc. (NYSE American: IE)(TSX:IE) ("Ivanhoe Electric"), Executive Chairman, Robert Friedland and President and Chief Executive Officer, ...

8 months ago - Accesswire

Ivanhoe Electric Announces Public Offering of Common Stock

PHOENIX, AZ / ACCESSWIRE / September 13, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to...

8 months ago - Accesswire

CORRECTING AND REPLACING: Ivanhoe Electric Announces Completion of the Initial Assessment for the Santa Cruz Copper Project in Arizona

The Initial Assessment Focuses on a Small Surface Footprint, 5.9 Million Tonnes per Year High Grade Underground Copper Mining Operation Supported Solely by the High-Grade Exotic, Oxide and Enriched Do...

8 months ago - Accesswire

Ivanhoe Electric Announces Completion of the Initial Assessment for the Santa Cruz Copper Project in Arizona

The Initial Assessment Focuses on a Small Surface Footprint, 5.9 Million Tonnes per Year High Grade Underground Copper Mining Operation Supported Solely by the High-Grade Exotic, Oxide and Enriched Do...

8 months ago - Accesswire

Ivanhoe Electric's 90%-Owned Subsidiary VRB Energy Achieves Milestone Global Safety Certification for its Third Generation Vanadium Redox Flow Batteries ("VRB-ESS(R)")

VRB-ESS® Utilize a Vanadium Electrolyte that Can Be Charged and Discharged Over an Almost Unlimited Number of Cycles VRB-ESS® Energy Storage Capabilities are Ideal for Daily Cycling Required to Suppor...

8 months ago - Accesswire

Ivanhoe Electric Provides Update on Drilling Programs Underway at its U.S. Electric Metals Exploration Projects

Drill Rigs Currently Active at the Santa Cruz, Tintic, Hog Heaven and Lincoln Projects Typhoon™ Technology Deployed at the White Hill Project PHOENIX, AZ / ACCESSWIRE / August 1, 2023 / Ivanhoe Electr...

9 months ago - Accesswire

Ivanhoe Electric and Ma'aden Formally Establish Exploration Joint Venture and Close Previously Announced Strategic Investment

50/50 Joint Venture to Begin Exploring for Electric Metals in the Underexplored Arabian Shield in Saudi Arabia Ma'aden Becomes a 9.9% Shareholder of Ivanhoe Electric Sofia Bianchi Joins Ivanhoe Electr...

10 months ago - Accesswire