A new trading day began on Friday, with Ivanhoe Electric Inc (AMEX: IE) stock price up 10.27% from the previous day of trading, before settling in for the closing price of $6.33. IE’s price has ranged from $5.34 to $12.98 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 5.18%. Meanwhile, its annual earnings per share averaged 23.88%. With a float of $83.54 million, this company’s outstanding shares have now reached $120.61 million.
The extent of productivity of a business whose workforce counts for 240 workers is very important to gauge. In terms of profitability, gross margin is -1243.85%, operating margin of -2178.18%, and the pretax margin is -4834.13%.
Ivanhoe Electric Inc (IE) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Copper Industry. The insider ownership of Ivanhoe Electric Inc is 36.98%, while institutional ownership is 54.25%. The most recent insider transaction that took place on Mar 07 ’25, was worth 288,000. In this transaction President and CEO of this company bought 50,000 shares at a rate of $5.76, taking the stock ownership to the 730,753 shares. Before that another transaction happened on Mar 06 ’25, when Company’s Senior VP, Exploration bought 5,000 for $5.83, making the entire transaction worth $29,150. This insider now owns 11,510 shares in total.
Ivanhoe Electric Inc (IE) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.83% during the next five years compared to -32.06% drop over the previous five years of trading.
Ivanhoe Electric Inc (AMEX: IE) Trading Performance Indicators
Here are Ivanhoe Electric Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 319.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.07, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.55 in one year’s time.
Technical Analysis of Ivanhoe Electric Inc (IE)
The latest stats from [Ivanhoe Electric Inc, IE] show that its last 5-days average volume of 0.95 million was superior to 0.74 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 87.63%. Additionally, its Average True Range was 0.42.
During the past 100 days, Ivanhoe Electric Inc’s (IE) raw stochastic average was set at 26.11%, which indicates a significant decrease from 97.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.01% in the past 14 days, which was higher than the 61.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.21, while its 200-day Moving Average is $8.24. Now, the first resistance to watch is $7.25. This is followed by the second major resistance level at $7.52. The third major resistance level sits at $8.01. If the price goes on to break the first support level at $6.49, it is likely to go to the next support level at $6.00. Assuming the price breaks the second support level, the third support level stands at $5.73.
Ivanhoe Electric Inc (AMEX: IE) Key Stats
With a market capitalization of 925.31 million, the company has a total of 132,565K Shares Outstanding. Currently, annual sales are 2,900 K while annual income is -128,620 K. The company’s previous quarter sales were 1,330 K while its latest quarter income was 16,910 K.
