IE Stock Analysis: Ivanhoe Electric | NYSE MKT
Copper | NYSE MKT, USA | Market Cap: 1.404m USD | 12M Return: -8.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 24.6M
Qual. Beats: -1
Rev. Trend: 22.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ivanhoe Electric Inc. (NYSE: IE) is a US-based mineral exploration and development company that operates in the United States, Canada, and China, with a portfolio targeting copper, gold, silver, nickel, cobalt, and platinum group elements. Its flagship asset is the Santa Cruz Project, a copper exploration property covering 6,000 acres of private land in Arizona. The company was incorporated in 2020, is headquartered in Tempe, Arizona, and went public in mid-2022.
As a member of the Materials sector within the Diversified Metals & Mining sub-industry, Ivanhoe Electric sits among companies that locate and advance mineral deposits rather than produce refined metals at scale. The Santa Cruz Projects focus on copper is notable because copper is a key conductor in electrification and grid infrastructure, making exploration-stage copper developers increasingly relevant to the energy transition theme.
- Copper prices rally on electrification and supply deficit
- Santa Cruz Project drilling expands Arizona copper resource
- Capital raises dilute shares to fund exploration pipeline
| Net Income: -33.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.21 > 0.02 and ΔFCF/TA 10.11 > 1.0 |
| NWC/Revenue: 7.52k% < 20% (prev 2.35k%; Δ 5.17k% < -1%) |
| CFO/TA -0.20 > 3% & CFO -120.3m > Net Income -33.6m |
| Net Debt (-255.5m) to EBITDA (12.4m): -20.62 < 3 |
| Current Ratio: 6.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (158.5m) vs 12m ago 25.12% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 0.67% > 50% (prev 0.79%; Δ -0.12% > 0%) |
| Interest Coverage Ratio: 1.39 > 6 (EBIT TTM 9.50m / Interest Expense TTM 6.81m) |
| A: 0.43 (Total Current Assets 301.5m - Total Current Liabilities 48.2m) / Total Assets 594.3m |
| B: -1.00 (Retained Earnings -594.3m / Total Assets 594.3m) |
| C: 0.02 (EBIT TTM 9.50m / Avg Total Assets 504.3m) |
| D: 11.11 (Book Value of Equity 540.3m / Total Liabilities 48.6m) |
| Altman-Z'' = 11.33 = AAA |
| DSRI: 0.50 (Receivables 5.90m/11.4m, Revenue 3.37m/3.28m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 3.15 (AQ_t 0.48 / AQ_t-1 0.15) |
| SGI: 1.03 (Revenue 3.37m / 3.28m) |
| TATA: 0.15 (NI -33.6m - CFO -120.3m) / TA 594.3m) |
| Beneish M = -2.13 (Cap -4..+1) = BB |
As of July 13, 2026, the stock is trading at USD 9.13 with a total of 1,620,446 shares traded. Over the past week, the price has changed by -4.00%, over one month by -17.23%, over three months by -32.37% and over the past year by -8.70%.
Current recommended Stop Loss: 8.10 (which is 11.3% or 1.5 ATR below the current price).
Ivanhoe Electric has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy IE.
- StrongBuy: 1
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 21.4 | 134.6% |
P/S = 417.0022
P/B = 2.7863
Revenue TTM = 3.37m USD
EBIT TTM = 9.50m USD
EBITDA TTM = 12.4m USD
Long Term Debt = 410k USD (estimated: total debt 35.4m - short term 35.0m)
Short Term Debt = 35.0m USD (from shortTermDebt, last quarter)
Debt = 36.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 908k
Net Debt = -255.5m USD (calculated: Debt 36.3m - CCE 291.8m)
Enterprise Value = 1.15b USD (1.40b + Debt 36.3m - CCE 291.8m)
Interest Coverage Ratio = 1.39 (Ebit TTM 9.50m / Interest Expense TTM 6.81m)
EV/FCF = -9.07x (Enterprise Value 1.15b / FCF TTM -126.6m)
FCF Yield = -11.02% (FCF TTM -126.6m / Enterprise Value 1.15b)
FCF Margin = -3.76k% (FCF TTM -126.6m / Revenue TTM 3.37m)
Net Margin = -998.6% (Net Income TTM -33.6m / Revenue TTM 3.37m)
Gross Margin = unknown ((Revenue TTM 3.37m - Cost of Revenue TTM 59.3m) / Revenue TTM)
Tobins Q-Ratio = 1.93 (Enterprise Value 1.15b / Total Assets 594.3m)
Interest Expense / Debt = 18.78% (Interest Expense 6.81m / Debt 36.3m)
Taxrate = 13.03% (12.2m / 93.6m)
NOPAT = 8.26m (EBIT 9.50m * (1 - 13.03%))
Current Ratio = 6.25 (Total Current Assets 301.5m / Total Current Liabilities 48.2m)
Debt / Equity = 0.07 (Debt 36.3m / totalStockholderEquity, last quarter 540.3m)
Debt / EBITDA = -20.62 (Net Debt -255.5m / EBITDA 12.4m)
Debt / FCF = 2.02 (negative FCF - burning cash) (Net Debt -255.5m / FCF TTM -126.6m)
Total Stockholder Equity = 382.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.67% (Net Income -33.6m / Total Assets 594.3m)
RoE = -8.79% (Net Income TTM -33.6m / Total Stockholder Equity 382.5m)
RoCE = 2.48% (EBIT 9.50m / Capital Employed (Equity 382.5m + L.T.Debt 410k))
RoIC = 1.42% (NOPAT 8.26m / Invested Capital 580.9m)
WACC = 14.88% (E(1.40b)/V(1.44b) * Re(14.84%) + D(36.3m)/V(1.44b) * Rd(18.78%) * (1-Tc(0.13)))
Discount Rate = 14.84% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 98.88 | Cagr: 13.15%
[DCF] Fair Price = unknown (Cash Flow -126.6m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.11 | # QB: -1
Revenue Correlation: 22.50 | Revenue CAGR: 3.33% | SUE: -0.32 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.15 | Chg30d=+16.67% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.06 | Chg30d=+53.85% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.16 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+77.0% | GrowthRev=+1.4%
EPS next Year (2027-12-31): EPS=-0.44 | Chg30d=+14.28% | Revisions=+25% | GrowthEPS=-175.0% | GrowthRev=+11.4%
[Analyst] Revisions Ratio: +17% (up=2, down=1)