Ivanhoe Electric Inc. (TSE:IE – Get Free Report)’s share 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 trading hands. The stock had previously closed at C$8.21.
Ivanhoe Electric Stock Down 9.9 %
The business has a fifty day moving average of C$8.78 and a 200 day moving average of C$10.94. 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$634.87 million, a price-to-earnings ratio of -3.29 and a beta of 0.83.
About Ivanhoe Electric
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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