Ivanhoe Electric (TSX:IE) - Stock Price, News & Analysis

IE Stock Overview

Explores and develops metals and mineral.

IE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Analysts in good agreement that stock price will rise by 126.7%

Risk Analysis

Does not have meaningful revenue ($3M)

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Ivanhoe Electric Inc. Competitors

Altius Minerals

TSX:ALS

CA$1.2b

Alphamin Resources

TSXV:AFM

CA$1.3b

Foran Mining

TSX:FOM

CA$1.7b

NGEx Minerals

TSX:NGEX

CA$1.9b

Price History & Performance

Summary of all time highs, changes and price drops for Ivanhoe Electric
Historical stock prices
Current Share Price	US$9.83
52 Week High	US$18.54
52 Week Low	US$8.60
Beta	0.81
11 Month Change	3.47%
3 Month Change	-24.09%
1 Year Change	-46.02%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-20.47%

Recent updates

Shareholder Returns

	IE	CA Metals and Mining	CA Market
7D	-1.3%	1.5%	0.5%
1Y	-46.0%	22.8%	18.7%

Return vs Industry: IE underperformed the Canadian Metals and Mining industry which returned 22.8% over the past year.

Return vs Market: IE underperformed the Canadian Market which returned 18.7% over the past year.

Price Volatility

Is IE's price volatile compared to industry and market?
IE volatility
IE Average Weekly Movement	10.0%
Metals and Mining Industry Average Movement	10.2%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.2%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: IE's share price has been volatile over the past 3 months.

Volatility Over Time: IE's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	244	Taylor Melvin	ivanhoeelectric.com

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.

Ivanhoe Electric Inc. Fundamentals Summary

How do Ivanhoe Electric's earnings and revenue compare to its market cap?
IE fundamental statistics
Market cap	CA$1.17b
Earnings (TTM)	-CA$307.06m
Revenue (TTM)	CA$3.79m

317.7x

P/S Ratio

-3.9x

P/E Ratio

Is IE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IE income statement (TTM)
Revenue	US$2.81m
Cost of Revenue	US$1.84m
Gross Profit	US$970.00k
Other Expenses	US$228.30m
Earnings	-US$227.33m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-1.89
Gross Margin	34.54%
Net Profit Margin	-8,095.94%
Debt/Equity Ratio	26.7%

How did IE perform over the long term?

See historical performance and comparison

IE Stock Overview

Rewards

Risk Analysis

Ivanhoe Electric Inc. Competitors

TSX:ALS

CA$1.2b

TSXV:AFM

CA$1.3b

TSX:FOM

CA$1.7b

TSX:NGEX

CA$1.9b

Price History & Performance

Recent News & Updates

Ivanhoe Electric Inc. Provides an Update on the Ongoing Progress At the Company's Santa Cruz Copper Project in Arizona

Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia

Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia

Second quarter 2024 earnings released: US$0.39 loss per share (vs US$0.41 loss in 2Q 2023)

Ivanhoe Electric Inc. Provides an Update on Recent Progress At the Santa Cruz Copper Project in Arizona

Chief Geophysics Officer recently sold CA$674k worth of stock

Recent updates

Ivanhoe Electric Inc. Provides an Update on the Ongoing Progress At the Company's Santa Cruz Copper Project in Arizona

Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia

Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia

Second quarter 2024 earnings released: US$0.39 loss per share (vs US$0.41 loss in 2Q 2023)

Ivanhoe Electric Inc. Provides an Update on Recent Progress At the Santa Cruz Copper Project in Arizona

Chief Geophysics Officer recently sold CA$674k worth of stock

First quarter 2024 earnings released: US$0.46 loss per share (vs US$0.39 loss in 1Q 2023)

Ivanhoe Electric Inc., Annual General Meeting, Jun 06, 2024

Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Complete First Full Quarter of Exploration Activities in Saudi Arabia

Ivanhoe Electric Inc. Reports Best Copper-Gold-Silver Intersection to Date at its Hog Heaven Project in Montana

Insider recently bought CA$202k worth of stock

Full year 2023 earnings released: US$1.95 loss per share (vs US$1.91 loss in FY 2022)

Ivanhoe Electric Inc. Provides Update on Exploration Drilling Activity At Santa Cruz, Tintic and Hog Heaven Projects

Ivanhoe Electric Inc. (NYSEAM:IE) completed the acquisition of remaining 17.5% stake in Kaizen Discovery Inc. (TSXV:KZD).

Ivanhoe Electric Inc. Reports Recent Drill Results from Its Initial Exploration Program At the Hog Heaven Project in Montana

Ivanhoe Electric Inc. and Saudi Arabian Mining Company (Ma'aden) Receives Initial Results from the First Typhoontm Survey in Saudi Arabia

Ivanhoe Electric Inc. Provides Update on Activities At Its Santa Cruz Copper Project in Arizona

Ivanhoe Electric Inc. (NYSEAM:IE) entered into a definitive arrangement agreement to acquire remaining 17.5% stake in Kaizen Discovery Inc. (TSXV:KZD) for CAD 1.8 million.

President recently sold CA$871k worth of stock

Third quarter 2023 earnings released: US$0.74 loss per share (vs US$0.43 loss in 3Q 2022)

Ivanhoe Electric Inc. announced that it has received $20.434275 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. announced that it expects to receive $20.434275 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. announced that it expects to receive $20.434275 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. Reports First Drill Results from Its Initial Exploration Program At the Hog Heaven Project in Montana

Ivanhoe Electric Inc. has completed a Follow-on Equity Offering in the amount of $160.000002 million.

Ivanhoe Electric Inc. has completed a Follow-on Equity Offering in the amount of $160.000002 million.

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

Second quarter 2023 earnings released: US$0.41 loss per share (vs US$0.85 loss in 2Q 2022)

Ivanhoe Electric Provides Update on Drilling Programs Underway At Its U.S. Electric Metals Exploration Projects

New minor risk - Shareholder dilution

Ivanhoe Electric Inc. announced that it has received $127.1 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. Provides an Update on the Drilling Operations Underway at the Santa Cruz Copper Project

Ivanhoe Electric Inc. Elects Ronald Vance to Its Board of Directors

President recently bought CA$303k worth of stock

First quarter 2023 earnings released: US$0.39 loss per share (vs US$0.24 loss in 1Q 2022)

Chief Operating Officer recently sold CA$153k worth of stock

Full year 2022 earnings released: US$1.91 loss per share (vs US$0.96 loss in FY 2021)

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

Cassandra Joseph Joins Ivanhoe Electric as Corporate Secretary and General Counsel, Effective February 1, 2023

Ivanhoe Electric Inc. announced that it expects to receive $126.276 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. announced that it expects to receive $126.276 million in funding from Saudi Arabian Mining Company (Ma'aden)

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

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

Ivanhoe Electric Inc. Announces Management Changes

High number of new and inexperienced directors

Ivanhoe Electric Inc. Confirms East Ridge Discovery At Santa Cruz Copper Project in Arizona

Ivanhoe Electric Updates Santa Cruz Copper Project in Arizona

Ivanhoe Electric Inc. Announces Management Changes, Effective November 21, 2022

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

Ivanhoe Electric Announces Preliminary Results from the Typhoontm Geophysical Survey Work At Its Santa Cruz Copper Project in Arizona

Second quarter 2022 earnings released

High number of new and inexperienced directors

Commander Partners Fjordland and Ivanhoe Electric Announce 2,500 Metre Drill Program at South Voisey's Bay, Labrador

Founder recently bought CA$2.0m worth of stock

Ivanhoe Electric Inc. Announces Board Changes

First quarter 2022 earnings released

Less than half of directors are independent

Shareholder Returns

Price Volatility