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

Ivanhoe Electric Inc. (TSE:IEGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as C$7.76 and last traded at C$7.92, with a volume of 9812 shares. The stock had previously closed at C$8.30.

Ivanhoe Electric Stock Up 1.2 %

The company has a quick ratio of 8.83, a current ratio of 2.50 and a debt-to-equity ratio of 34.05. The stock has a market capitalization of C$715.51 million, a P/E ratio of -3.71 and a beta of 0.83. The firm has a 50 day simple moving average of C$9.16 and a two-hundred day simple moving average of C$10.99.

About Ivanhoe Electric

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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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