Ivanhoe Electric (TSE:IE) Stock Crosses Above 200-Day Moving Average of $14.66

Ivanhoe Electric Inc. (TSE:IEGet Rating)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.66 and traded as high as C$18.75. Ivanhoe Electric shares last traded at C$17.72, with a volume of 5,025 shares changing hands.

Ivanhoe Electric Price Performance

The company’s 50-day moving average price is C$18.67 and its 200-day moving average price is C$14.66. The company has a debt-to-equity ratio of 10.93, a current ratio of 9.48 and a quick ratio of 8.83. The company has a market cap of C$1.65 billion and a P/E ratio of -7.95.

Ivanhoe Electric Company Profile

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Ivanhoe Electric Inc operates as a mineral exploration and development company in the United States. It operates through Critical Metals, Technology, and Energy Storage. The company holds 84.6% interests in the Tintic copper-gold project covering an area of 65 square kilometers located in Utah. It also holds an option to acquire a 100% interest in the Santa Cruz copper project covering an area of 77.59 square kilometers located in Arizona; 75% interest in the Hog Heaven silver-gold-copper project covering an area of 24.2 square kilometers located in Montana; and 60% interest in the Ivory Coast project covering an area of 1,125 square kilometers located in the Ivory Coast.

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