On Monday, Ivanhoe Electric Inc (AMEX: IE) opened lower -8.64% from the last session, before settling in for the closing price of $7.99. Price fluctuations for IE have ranged from $6.31 to $12.98 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 12.89%. Company’s average yearly earnings per share was noted 22.77% at the time writing. With a float of $73.42 million, this company’s outstanding shares have now reached $120.40 million.
Let’s determine the extent of company efficiency that accounts for 244 employees. In terms of profitability, gross margin is -2174.51%, operating margin of -2498.46%, and the pretax margin is -6436.36%.
Ivanhoe Electric Inc (IE) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Copper industry is another important factor to consider. The insider ownership of Ivanhoe Electric Inc is 39.05%, while institutional ownership is 61.13%. The most recent insider transaction that took place on May 20 ’24, was worth 304,000. In this transaction Chief Geophysics Officer of this company sold 25,000 shares at a rate of $12.16, taking the stock ownership to the 260,272 shares. Before that another transaction happened on May 16 ’24, when Company’s Chief Operating Officer sold 28,344 for $12.45, making the entire transaction worth $352,883. This insider now owns 301,928 shares in total.
Ivanhoe Electric Inc (IE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 22.77% per share during the next fiscal year.
Ivanhoe Electric Inc (AMEX: IE) Trading Performance Indicators
Check out the current performance indicators for Ivanhoe Electric Inc (IE). In the past quarter, the stock posted a quick ratio of 2.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 271.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.60, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.72 in one year’s time.
Technical Analysis of Ivanhoe Electric Inc (IE)
Looking closely at Ivanhoe Electric Inc (AMEX: IE), its last 5-days average volume was 0.38 million, which is a drop from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 63.58%. Additionally, its Average True Range was 0.54.
During the past 100 days, Ivanhoe Electric Inc’s (IE) raw stochastic average was set at 18.64%, which indicates a significant decrease from 36.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.32% in the past 14 days, which was higher than the 63.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.14, while its 200-day Moving Average is $9.38. However, in the short run, Ivanhoe Electric Inc’s stock first resistance to watch stands at $7.93. Second resistance stands at $8.56. The third major resistance level sits at $8.93. If the price goes on to break the first support level at $6.93, it is likely to go to the next support level at $6.56. Now, if the price goes above the second support level, the third support stands at $5.93.
Ivanhoe Electric Inc (AMEX: IE) Key Stats
There are currently 120,456K shares outstanding in the company with a market cap of 880.44 million. Presently, the company’s annual sales total 3,900 K according to its annual income of -199,380 K. Last quarter, the company’s sales amounted to 670 K and its income totaled -43,240 K.
