Ivanhoe Electric Inc (AMEX: IE) has experienced a rise in its stock price by 1.72 compared to its previous closing price of 6.41. However, the company has seen a gain of 4.99% in its stock price over the last five trading days. zacks.com reported 2025-02-17 that Ivanhoe Electric (IE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Ivanhoe Electric Inc (AMEX: IE) Right Now?
The 36-month beta value for IE is also noteworthy at 0.75. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 4 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for IE is 72.68M, and at present, short sellers hold a 11.24% of that float. The average trading volume of IE on February 21, 2025 was 572.83K shares.
IE’s Market Performance
IE stock saw a decrease of 4.99% in the past week, with a monthly decline of -0.91% and a quarterly a decrease of -31.08%. The volatility ratio for the week is 6.41%, and the volatility levels for the last 30 days are 5.47% for Ivanhoe Electric Inc (IE). The simple moving average for the last 20 days is 6.35% for IE’s stock, with a simple moving average of -26.18% for the last 200 days.
Analysts’ Opinion of IE
Many brokerage firms have already submitted their reports for IE stocks, with JP Morgan repeating the rating for IE by listing it as a “Overweight.” The predicted price for IE in the upcoming period, according to JP Morgan is $18 based on the research report published on October 17, 2023 of the previous year 2023.
Scotiabank, on the other hand, stated in their research note that they expect to see IE reach a price target of $14. The rating they have provided for IE stocks is “Sector Perform” according to the report published on December 22nd, 2022.
Raymond James gave a rating of “Outperform” to IE, setting the target price at $12 in the report published on September 28th of the previous year.
IE Trading at -6.30% from the 50-Day Moving Average
After a stumble in the market that brought IE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.77% of loss for the given period.
Volatility was left at 5.47%, however, over the last 30 days, the volatility rate increased by 6.41%, as shares surge +2.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.33% lower at present.
During the last 5 trading sessions, IE rose by +4.99%, which changed the moving average for the period of 200-days by -35.64% in comparison to the 20-day moving average, which settled at $6.13. In addition, Ivanhoe Electric Inc saw -13.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IE starting from Gibson Mark Andrew Stuart, who sale 25,000 shares at the price of $12.16 back on May 20 ’24. After this action, Gibson Mark Andrew Stuart now owns 260,272 shares of Ivanhoe Electric Inc, valued at $304,000 using the latest closing price.
Gibson Mark Andrew Stuart, the Chief Operating Officer of Ivanhoe Electric Inc, sale 28,344 shares at $12.45 during a trade that took place back on May 16 ’24, which means that Gibson Mark Andrew Stuart is holding 301,928 shares at $352,883 based on the most recent closing price.
Stock Fundamentals for IE
Current profitability levels for the company are sitting at:
- -24.98 for the present operating margin
- -21.75 for the gross margin
The net margin for Ivanhoe Electric Inc stands at -59.47. The total capital return value is set at -0.24. Equity return is now at value -60.38, with -42.43 for asset returns.
Based on Ivanhoe Electric Inc (IE), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at -2.05. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is -42.14.
Currently, EBITDA for the company is -211.06 million with net debt to EBITDA at -0.08. When we switch over and look at the enterprise to sales, we see a ratio of 268.94. The receivables turnover for the company is 1.17for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.50.
Conclusion
In summary, Ivanhoe Electric Inc (IE) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
