Ivanhoe Electric
IE
Market cap $1.14B

9.46 USD

-0.60

5.96%

At close Nov 15, 4:00 PM EST

After hours

9.46

+0.00

0.00%

1 day

-5.96%

5 days

-13.05%

1 month

2.38%

3 months

24.97%

6 months

-23.77%

Year to date

-5.12%

1 year

-9.90%

5 years

-12.41%

10 years

-12.41%

About: Ivanhoe Electric Inc is a United States-based minerals exploration and development company with a focus on developing mines from mineral deposits located in the United States. The company has three reportable segments; Critical metals segment is focused on mineral project exploration and development with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas and water exploration industries, and The energy storage segment develops, manufactures and installs vanadium flow batteries for grid-scale energy storage. It derives a majority of its revenue from Canada.

Employees: 244

Materials Metal Mining

0

Funds holding %

of 6,704 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

494% more call options, than puts

Call options by funds: $1.97M | Put options by funds: $332K

80% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 15

72% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 25

12% more funds holding

Funds holding: 101 [Q2] → 113 (+12) [Q3]

2.76% more ownership

Funds ownership: 58.71% [Q2] → 61.47% (+2.76%) [Q3]

5% less capital invested

Capital invested by funds: $663M [Q2] → $627M (-$35.7M) [Q3]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for IE.

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Financial journalist opinion

Zacks Investment Research

Ivanhoe Electric (IE) Reports Q3 Loss, Lags Revenue Estimates

Ivanhoe Electric (IE) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.74 per share a year ago.

Ivanhoe Electric (IE) Reports Q3 Loss, Lags Revenue Estimates

Ivanhoe Electric's VRB Energy Subsidiary and Red Sun Sign Definitive Agreements for Formation of New Grid Scale Battery Joint Venture

Ivanhoe Electric to Allocate $20 million of Transaction Proceeds to Establish US-Domiciled Vanadium Redox Flow Battery Business Phoenix, Arizona--(Newsfile Corp. - October 15, 2024) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce today the signing of Definitive Agreements (the "Agreements") between the Company's 90%-owned subsidiary, VRB Energy Inc. ("VRB Energy"), a subsidiary of privately held Shanxi Red Sun Co., Ltd. ("Red Sun"), and certain other affiliates, finalizing the terms of the transaction announced on September 23, 2024 (refer to Ivanhoe Electric's September 23, 2024 news release).

Ivanhoe Electric's VRB Energy Subsidiary and Red Sun Sign Definitive Agreements for Formation of New Grid Scale Battery Joint Venture

Ivanhoe Electric: A Long-Term Bet On Copper

Ivanhoe Electric has seen a selloff despite strong copper prices. The entire enterprise value is now less than the asset value of the company's primary project alone. IE is backed by several reputable strategic investors.

Ivanhoe Electric: A Long-Term Bet On Copper

Ivanhoe Electric's VRB Energy Subsidiary Secures $55 Million Investment

Ivanhoe Electric to Use $20 Million of the Transaction Proceeds to Establish U.S.-based Grid Scale Vanadium Redox Flow Battery Manufacturing in Arizona Existing VRB Energy Manufacturing Operation in China to become 51/49 Joint Venture Following $35 Million Investment from Red Sun, a Leading Asian New Energy Group Phoenix, Arizona--(Newsfile Corp. - September 23, 2024) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that the Company's 90%-owned subsidiary, VRB Energy Inc. ("VRB Energy"), has executed a binding Term Sheet (the "Agreement") with a subsidiary of privately held Shanxi Red Sun Co., Ltd. ("Red Sun") and VRB Energy's wholly-owned subsidiary, VRB Energy System (Beijing) Co., Ltd.

Ivanhoe Electric's VRB Energy Subsidiary Secures $55 Million Investment

Ivanhoe Electric On-Track to Deliver Santa Cruz Copper Project Preliminary Feasibility Study in Q2 2025

Ivanhoe Electric Will Use the Preliminary Feasibility Study to Pursue Long-term Project Financing Metallurgical Results from Ongoing Testwork Show High Copper Recoveries and Recoverable Precious Metals Santa Cruz Copper Project Received General Plan Amendment Approval from the City of Casa Grande and is Preparing Key Permit Applications for Submittal in H1 2025 Recent Infill Drilling Intersects High-Grade Copper Mineralization at the Santa Cruz Deposit, Including 99 Meters Grading 2.39% Copper Phoenix, Arizona--(Newsfile Corp. - September 16, 2024) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to provide an update on the ongoing progress at the Company's Santa Cruz Copper Project in Arizona. Mr. Melvin commented: "We are encouraged by the ongoing progress at our Santa Cruz Copper Project.

Ivanhoe Electric On-Track to Deliver Santa Cruz Copper Project Preliminary Feasibility Study in Q2 2025

Mike Patterson Joins Ivanhoe Electric as Vice President, Investor Relations and Business Development

Phoenix, Arizona--(Newsfile Corp. - August 20, 2024) - Ivanhoe Electric (NYSE American: IE) (TSX: IE) President and Chief Executive Officer Taylor Melvin is pleased to announce that Mike Patterson joined the Company as the Vice President of Investor Relations and Business Development, effective August 19, 2024. Mike will be a key leader of the Company's investor relations function and the communications and business development teams in support of the Company's strategic growth initiatives.

Mike Patterson Joins Ivanhoe Electric as Vice President, Investor Relations and Business Development

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

Initial Program Testing Chargeability Anomaly Identified by Typhoon™ and Computational Geosciences' Inversion Software Typhoon™ Survey Near Ma'aden's Al Amar Gold-Copper-Zinc Mine Now Exceeds 155 km2 RIYADH, SAUDI ARABIA / ACCESSWIRE / August 19, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce the commencement of drilling in Saudi Arabia by the Joint Venture established between Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden ("Ma'aden") (1211). Ivanhoe Electric's Founder and Executive Chairman Robert Friedland commented: "Today's announcement marks an important milestone for our exploration Joint Venture with Ma'aden in the Kingdom of Saudi Arabia.

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

Ivanhoe Electric Secures 100% Ownership of Mineral Rights at its Santa Cruz Copper Project with Final Option Payment

PHOENIX, AZ / ACCESSWIRE / August 13, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric", the "Company" or "IE") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that the Company, through its wholly-owned subsidiary Mesa Cobre Holding Corporation ("Mesa Cobre"), completed the final US$10 million payment to exercise its option to acquire 100% ownership of the mineral rights at the Santa Cruz Copper Project in Arizona. Following this transaction, Ivanhoe Electric now owns 100% of the mineral and surface rights for the Santa Cruz Copper Project.

Ivanhoe Electric Secures 100% Ownership of Mineral Rights at its Santa Cruz Copper Project with Final Option Payment

Zacks Investment Research

Ivanhoe Electric (IE) Reports Q2 Loss, Misses Revenue Estimates

Ivanhoe Electric (IE) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.41 per share a year ago.

Ivanhoe Electric (IE) Reports Q2 Loss, Misses Revenue Estimates

Ivanhoe Electric Clarifies Certain Misleading Media Headlines Regarding Its Recent Registration Statement Filing

PHOENIX, AZ / ACCESSWIRE / June 13, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) clarifies misleading certain media headlines speculating that Saudi Arabia Mining Company ("Ma'aden") will sell Ivanhoe Electric shares under the recently filed Registration Statement. The Registration Statement was filed pursuant to an obligation in the Investor Rights Agreements ("IRA") entered into between Ivanhoe Electric and Ma'aden at the time of Ma'aden's initial investment in Ivanhoe Electric.

Ivanhoe Electric Clarifies Certain Misleading Media Headlines Regarding Its Recent Registration Statement Filing

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