Ivanhoe Electric (TSE:IE) Shares Pass Above 200 Day Moving Average of $13.95

Ivanhoe Electric Inc. (TSE:IE)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.95 and traded as high as C$14.52. Ivanhoe Electric shares last traded at C$14.31, with a volume of 4,900 shares traded.

Ivanhoe Electric Stock Performance

The company has a market cap of C$1.72 billion and a P/E ratio of -5.40. The company has a 50 day moving average price of C$12.06 and a 200-day moving average price of C$13.95. The company has a quick ratio of 8.83, a current ratio of 5.45 and a debt-to-equity ratio of 22.11.

About Ivanhoe Electric

Ivanhoe Electric Inc explores and develops metals and mineral. The company provides Typhoon data acquisition system, a geophysical system that offers primary signal. It also explores copper and gold. The company was incorporated in 2020 and is headquartered in Tempe, Arizona.