Ivanhoe Electric Inc. (IE)

NYSEAMERICAN: IE · IEX Real-Time Price · USD
11.53
+0.50 (4.53%)
May 26, 2023, 4:00 PM EDT - Market closed
4.53%
Market Cap 1.07B
Revenue (ttm) 2.36M
Net Income (ttm) -170.44M
Shares Out 92.98M
EPS (ttm) 2.08
PE Ratio 5.54
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 281,702
Open 11.53
Previous Close 11.03
Day's Range 11.04 - 11.71
52-Week Range 7.01 - 16.55
Beta n/a
Analysts Buy
Price Target 13.90 (+20.56%)
Earnings Date May 15, 2023

About IE

Ivanhoe Electric Inc. operates as a mineral exploration and development company in the United States. It operates through Critical Metals, Technology, and Energy Storage. The company holds 84.6% interests in the Tintic copper-gold project covering an area of 65 square kilometers located in Utah. It also holds an option to acquire a 100% interest in the Santa Cruz copper project covering an area of 77.59 square kilometers located in Arizona; 75% interest in the Hog Heaven silver-gold-copper project covering an area of 24.2 square kilometers loca... [Read more]

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

Financial Performance

In 2022, IE's revenue was $8.44 million, an increase of 81.43% compared to the previous year's $4.65 million. Losses were -$149.81 million, 152.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for IE stock is "Buy." The 12-month stock price forecast is $13.9, which is an increase of 20.56% from the latest price.

Price Target
$13.9
(20.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ivanhoe Electric Closes Acquisition of Private Land at the Santa Cruz Copper Project in Arizona

Ivanhoe Electric Now Has Control Over Surface Land and Mineral Rights Encompassing the Entire Santa Cruz Project PHOENIX, AZ / ACCESSWIRE / May 24, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) a...

5 days ago - Accesswire

Ivanhoe Electric receives $126.5 million investment from Saudi Arabia's Ma'aden

(Kitco News) - Ma'aden will invest $126.5 million in Ivanhoe Electric (NYSE American:IE).

2 weeks ago - Kitco

Ivanhoe Electric and Ma'aden Sign Definitive Agreement and Finalize Terms for Exploration Joint Venture and Strategic Investment

Transaction Creates Groundbreaking 50/50 Exploration Joint Venture in the Kingdom of Saudi Arabia Ma'aden will Complete a US$126.5 Million Strategic Investment in Ivanhoe Electric Common Stock PHOENIX...

2 weeks ago - Accesswire

Ivanhoe Electric to Acquire 6,205 Acres of Private Land at the Santa Cruz Copper Project Near Casa Grande, Arizona

Strategic Land Acquisition Includes Associated Water Rights Ivanhoe Electric Now Has Agreements in Place to Own a Complete Private Land Package and Mineral Rights Encompassing the Entire Santa Cruz Pr...

2 weeks ago - Accesswire

Ivanhoe Electric Subsidiary Cordoba Minerals Announces Closing of Milestone Agreement with JCHX for Joint Development of the Alacran Copper Project in Colombia

JCHX Acquires 50% of Cordoba's Alacran Project for US$100 Million Cordoba to Repay US$17.3 Million in Short-Term Loans to Ivanhoe Electric PHOENIX, AZ / ACCESSWIRE / May 8, 2023 / Ivanhoe Electric (NY...

3 weeks ago - Accesswire

Robert Friedland to retire from SES board of directors

BOSTON--(BUSINESS WIRE)--SES AI Corporation (NYSE: SES), headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteri...

Other symbols: SES
2 months ago - Business Wire

Ivanhoe Electric Announces Changes to its Board of Directors

Experienced Mining and Finance Executive Patrick Loftus-Hills to Join as Director PHOENIX, AZ / ACCESSWIRE / March 17, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman, Robert Fri...

2 months ago - Accesswire

Ivanhoe Electric Identifies Visible Soluble Copper Mineralization at Texaco Ridge Step-Out Exploration Drill Hole

Drill Hole SCC-122 Intersects Atacamite and Chrysocolla Above Thick Intersection of Primary Mineralization, Indicating Potential to Expand Known Resource Santa Cruz Infill Drill Hole SCC-058 Intersect...

2 months ago - Accesswire

Ivanhoe Electric Adds the White Hill Copper Project in Nevada to its Portfolio of Highly-Prospective Critical Metals Exploration Projects

Agreement to Explore and Earn an 80% Interest in the Project White Hill Hosts Verified Copper-Skarn Mineralization and Porphyry Copper-Molybdenum Potential Ivanhoe Electric will Deploy its Proprietary...

3 months ago - Accesswire

Ivanhoe Electric reports 'significant' resource upgrade at its Santa Cruz copper project in Arizona

(Kitco News) - Ivanhoe Electric (NYSE; TSX: IE) announced Tuesday that total contained copper in indicated resources across all deposits and domains at the Santa Cruz copper project in Arizona increas...

3 months ago - Kitco

Ivanhoe Electric Announces Significant Resource Upgrade at the Santa Cruz Copper Project in Arizona, Including Resource Additions at the East Ridge and Texaco Deposits

65% Increase in Tonnage and 82% Increase in Total Contained Copper in Indicated Resources Across Exotic, Oxide and Enriched Domains at Santa Cruz Deposit Total Contained Copper in Indicated Resources ...

3 months ago - Accesswire

Cassandra Joseph Joins Ivanhoe Electric as Vice President, General Counsel and Corporate Secretary

PHOENIX, AZ / ACCESSWIRE / January 31, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) President and Chief Executive Officer Taylor Melvin is pleased to announce that Cassandra Joseph will join the...

4 months ago - Accesswire

Robert Friedland to Deliver a Keynote Presentation at the Future Minerals Forum in Riyadh, Saudi Arabia on January 11, 2023

PHOENIX, AZ / ACCESSWIRE / January 3, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) is pleased to announce that Mr. Robert Friedland, Executive Chairman of Ivanhoe Electric Inc., will be presenti...

5 months ago - Accesswire

Ivanhoe Electric Subsidiary Cordoba Minerals Signs Milestone Agreements with JCHX to Jointly Develop the Alacran Project in Colombia

JCHX to Acquire 50% of Cordoba's Alacran Project Stake for Total Cash Consideration of $100 million PHOENIX, AZ / ACCESSWIRE / December 8, 2022 / IvanhoeElectric (NYSE American:IE)(TSX:IE) Executive C...

6 months ago - Accesswire

Ivanhoe Electric Reports Clear Demonstration of the Disruptive Power of Typhoon(TM) and Computational Geoscience Software to Find Hidden Porphyry Copper in the United States and Globally

First Drill Hole at Typhoon™ Far Southwest Anomaly Confirms Discovery of Copper at 1,059 Meters Depth East Ridge Discovery Continues to Grow with Step-Out Drilling NEW YORK, NY / ACCESSWIRE / November...

6 months ago - Accesswire

Ivanhoe Electric Initiates Diamond Drilling at the Tintic Copper-Gold Project in Mammoth, Utah

Tintic has Geological Setting Comparable to the World-Class Bingham Canyon Porphyry Copper-Gold Mine NEW YORK, NY / ACCESSWIRE / November 22, 2022 / Ivanhoe Electric (NYSE American:IE); (TSX:IE) Execu...

6 months ago - Accesswire

Ivanhoe Electric Announces Key Additions to Its Senior Management Team

Longtime External Counsel Quentin Markin Will Come In-House as Executive Vice-President, Business Development and Strategy Execution Jordan Neeser Joins the Company as Chief Financial Officer NEW YORK...

6 months ago - Accesswire

American Copper Industry Veteran Taylor Melvin To Join Ivanhoe Electric As Its President and Chief Executive Officer

Will lead the Company as it develops the critical mineral mines necessary for the energy transition in the United States Robert Friedland will continue as Executive Chairman Eric Finlayson will assume...

Other symbols: FCX
7 months ago - Accesswire

Ivanhoe Electric Provides an Update on Recent Exploration Activities at Its Tintic Copper-Gold Project in Utah

New analysis of historic drill core confirms high-grade mineralization in the New Park "Reserves" area located below the past-producing prolific Mammoth Mine Evidence of increasing copper grades and c...

8 months ago - Accesswire

Ivanhoe Electric Receives Data From the 26.5 Square Kilometer Proprietary Typhoon Geophysical Survey Conducted at Its Santa Cruz Copper Project in Arizona

Resource Expansion Opportunities Identified in Five Spectacular Typhoon™ Anomalies Evidence of Additional Large Sulphide Systems Detected The Open-Ended Texaco Deposit Manifests as a Large-Scale Anoma...

9 months ago - Accesswire

Commander Partners Fjordland and Ivanhoe Electric Commence Drilling at South Voisey's Bay, Labrador

Vancouver, British Columbia--(Newsfile Corp. - August 16, 2022) - Commander Resources Ltd. (TSXV: CMD)  ("Commander") is pleased to report that project partners Fjordland Exploration Inc. ("Fjordland"...

10 months ago - Newsfile Corp

Ivanhoe Electric Subsidiary Cordoba Minerals Reports Intersecting Multiple High-Grade Gold-Copper Veins within the Alacran Deposit at Its San Matias Copper-Gold-Silver Project in Colombia

NEW YORK, NY / ACCESSWIRE / August 8, 2022 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Chairman and Chief Executive Officer Robert Friedland and President Eric Finlayson are pleased to announce that...

10 months ago - Accesswire

Ivanhoe Electric Updates Activities at its Flagship Santa Cruz Project in Arizona

Santa Cruz is the second-largest undeveloped copper deposit in the Lower 48 States, the largest leachable deposit and the largest on private land 85,000-meter program of resource in-fill, geotechnical...

10 months ago - Accesswire

Ivanhoe Electric Announces Closing of Initial Public Offering

NEW YORK, New York, June 30, 2022 (GLOBE NEWSWIRE) -- Ivanhoe Electric Inc. (“Ivanhoe Electric”), a U.S.-based minerals exploration and development company, announced today the closing of its initial ...

11 months ago - GlobeNewsWire

Ivanhoe Electric Announces Pricing of Initial Public Offering

NEW YORK, New York, June 27, 2022 (GLOBE NEWSWIRE) -- Ivanhoe Electric Inc. (“Ivanhoe Electric”), a U.S.-based minerals exploration and development company, announced today the pricing of its initial ...

1 year ago - GlobeNewsWire