Ivanhoe Electric (TSE:IE) Sets New 52-Week Low - Should You Sell?
Ivanhoe Electric (TSE:IE) shares reached a new 52-week low of C$7.25, closing at C$7.44, down 9.9% with a trading volume of 10,182 shares. The company has a market cap of C$634.87 million, a P/E ratio of -3.29, and a debt-to-equity ratio of 34.05. Analysts currently rate the stock as a Hold, but it is not among the top recommended stocks by analysts. Investors are advised to consider other options before investing in Ivanhoe Electric.
Ivanhoe Electric Inc. (TSE:IE - Get Free Report) shares hit 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.
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Ivanhoe Electric Trading Down 9.9 %
The stock has a market cap of C$634.87 million, a P/E ratio of -3.29 and a beta of 0.83. The company has a debt-to-equity ratio of 34.05, a quick ratio of 8.83 and a current ratio of 2.50. The stock's fifty day moving average is C$8.78 and its 200 day moving average is C$10.94.
About Ivanhoe Electric
(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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