At the time of writing, Ivanhoe Electric Inc [IE] stock is trading at $9.58, down -1.44%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IE shares have gain 3.57% over the last week, with a monthly amount drifted -1.74%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, JP Morgan started tracking the stock with Overweight rating on October 17, 2023, and set its price target to $18. On December 22, 2022, Scotiabank initiated with a Sector Perform rating and assigned a price target of $14 on the stock. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $12 on September 28, 2022. JP Morgan initiated its recommendation with a Neutral and recommended $12 as its price target on August 18, 2022. Jefferies started tracking with a Buy rating for this stock on July 25, 2022, and assigned it a price target of $13.50. In a note dated July 25, 2022, BMO Capital Markets initiated an Outperform rating and provided a target price of $15 on this stock.
For the past year, the stock price of Ivanhoe Electric Inc fluctuated between $4.50 and $13.25. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Ivanhoe Electric Inc [AMEX: IE] shares were valued at $9.58 at the most recent close of the market. An investor can expect a potential return of 56.58% based on the average IE price forecast.
Analyzing the IE fundamentals
According to Ivanhoe Electric Inc [AMEX:IE], the company’s sales were 3.81M for trailing twelve months, which represents an 98.51% jump. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at -19.15%, Pretax Profit Margin comes in at -8.87%, and Net Profit Margin reading is -8.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.12 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Ivanhoe Electric Inc [AMEX:IE] has a current ratio of 3.84. Further, the Quick Ratio stands at 3.84, while the Cash Ratio is 2.55. Considering the valuation of this stock, the price to sales ratio is 333.39, the price to book ratio is 4.33.
Transactions by insiders
Recent insider trading involved Melvin Joseph Taylor, President and CEO, that happened on Mar 07 ’25 when 50000.0 shares were purchased. Senior VP, Exploration, Boyd Graham Richard Thomas completed a deal on Mar 06 ’25 to buy 5000.0 shares. Meanwhile, Chief Financial Officer Neeser Jordan bought 7500.0 shares on Mar 06 ’25.
