Ivanhoe Electric (TSE:IE) Hits New 52-Week Low – Should You Sell?

Ivanhoe Electric Inc. (TSE:IEGet Free Report) shares reached a new 52-week low during trading on Thursday . The stock traded as low as C$8.44 and last traded at C$8.47, with a volume of 7571 shares trading hands. The stock had previously closed at C$8.71.

Ivanhoe Electric Stock Performance

The company has a current ratio of 3.66, a quick ratio of 8.83 and a debt-to-equity ratio of 27.70. The company has a market cap of C$1.02 billion, a price-to-earnings ratio of -3.11 and a beta of 0.83. The stock’s 50 day moving average price is C$10.48 and its 200 day moving average price is C$11.44.

Ivanhoe Electric Company Profile

(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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