Ivanhoe Electric Inc. (TSE:IE – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$7.80 and last traded at C$7.97, with a volume of 8238 shares. The stock had previously closed at C$8.19.
Ivanhoe Electric Price Performance
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’s fifty day moving average is C$9.47 and its 200-day moving average is C$11.06. The stock has a market capitalization of C$671.76 million, a PE ratio of -3.48 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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