Ivanhoe Electric (TSE:IE) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Ivanhoe Electric Inc. (TSE:IEGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$12.99 and traded as high as C$15.41. Ivanhoe Electric shares last traded at C$15.28, with a volume of 3,105 shares trading hands.

Ivanhoe Electric Stock Down 0.8 %

The company has a quick ratio of 8.83, a current ratio of 3.66 and a debt-to-equity ratio of 27.70. The business has a 50-day simple moving average of C$12.05 and a two-hundred day simple moving average of C$12.99. The stock has a market capitalization of C$1.84 billion, a P/E ratio of -5.62 and a beta of 0.83.

About Ivanhoe Electric

(Get Free Report)

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 holds 100% interest in the Santa Cruz Copper Project located in Arizona. Ivanhoe Electric Inc was incorporated in 2020 and is headquartered in Tempe, Arizona.

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