Ivanhoe Electric (TSE:IE) Sets New 1-Year Low – Here’s What Happened

Ivanhoe Electric Inc. (TSE:IEGet Free Report)’s stock price reached a new 52-week low on Thursday . The stock traded as low as C$7.25 and last traded at C$7.44, with a volume of 10182 shares traded. The stock had previously closed at C$8.21.

Ivanhoe Electric Trading Down 9.6 %

The company has a debt-to-equity ratio of 34.05, a current ratio of 2.50 and a quick ratio of 8.83. The stock has a market capitalization of C$573.95 million, a P/E ratio of -2.98 and a beta of 0.83. The stock’s fifty day moving average price is C$8.70 and its 200 day moving average price is C$10.89.

Ivanhoe Electric Company Profile

(Get Free Report)

Ivanhoe Electric Inc is a mineral project exploration and development company with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, in particular, copper, gold, silver, nickel, cobalt, vanadium, and the platinum group metals.

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