On Friday, Ivanhoe Electric Inc (AMEX: IE) opened higher 0.89% from the last session, before settling in for the closing price of $11.22. Price fluctuations for IE have ranged from $4.50 to $11.65 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
A company in the Basic Materials sector has dropped its sales by -32.06% annually for the last half of the decade. Company’s average yearly earnings per share was noted 33.58% at the time writing. With a float of $83.99 million, this company’s outstanding shares have now reached $132.60 million.
In an organization with 240 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -1095.91%, operating margin of -4489.44%, and the pretax margin is -3487.73%.
Ivanhoe Electric Inc (IE) Insider Updates
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 36.65%, while institutional ownership is 62.09%. 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
According to the Wall Street analysts, stocks earnings will be around 33.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.70% 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
Check out the current performance indicators for Ivanhoe Electric Inc (IE). In the past quarter, the stock posted a quick ratio of 3.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 457.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.85, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.62 in one year’s time.
Technical Analysis of Ivanhoe Electric Inc (IE)
Let’s dig in a bit further. During the last 5-days, its volume was 2.2 million. That was better than the volume of 0.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.05%.
During the past 100 days, Ivanhoe Electric Inc’s (IE) raw stochastic average was set at 94.85%, which indicates a significant increase from 87.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.59 in the past 14 days, which was higher than the 0.44 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.28, while its 200-day Moving Average is $7.71. However, in the short run, Ivanhoe Electric Inc’s stock first resistance to watch stands at $11.60. Second resistance stands at $11.87. The third major resistance level sits at $12.06. If the price goes on to break the first support level at $11.14, it is likely to go to the next support level at $10.95. Assuming the price breaks the second support level, the third support level stands at $10.68.
Ivanhoe Electric Inc (AMEX: IE) Key Stats
There are currently 132,590K shares outstanding in the company with a market cap of 1.50 billion. Presently, the company’s annual sales total 2,900 K according to its annual income of -128,620 K. Last quarter, the company’s sales amounted to 740 K and its income totaled -30,520 K.