Overview Dividends

(IE) Ivanhoe Electric - Ratings and Ratios

Exchange: NYSE MKT • Country: United States • Currency: USD • Type: Common Stock • ISIN: US46578C1080

Copper, Gold, Silver, Exploration, Mining

Diversified Metals & Mining
Market Cap in USD: 2,211m
IPO / Inception: 2022-06-28
Return 12m vs S&P 500: 41.4%

Dividends

Currently no dividends paid
Risk via 10d forecast
Volatility 81.6%
Value at Risk 5%th 125%
Relative Tail Risk -7.25%
Reward TTM
Sharpe Ratio 0.99
Alpha 42.66
CAGR/Max DD 0.16
Character TTM
Hurst Exponent 0.593
Beta 1.635
Beta Downside 2.051
Drawdowns 3y
Max DD 71.12%
Mean DD 35.80%
Median DD 37.23%

Description: IE Ivanhoe Electric November 13, 2025

Ivanhoe Electric Inc. (NYSE MKT:IE) is a U.S.-focused mineral exploration firm that targets copper, gold, and silver deposits. Its two flagship assets are the 5,975-acre Santa Cruz copper project in Arizona (private land with secured water rights) and the 81.97 km² Tintic project in Utah, which combines private patented claims, unpatented claims, and state leases. The company was incorporated in 2020 and operates from Tempe, Arizona.

Key sector drivers that could impact IE’s upside include: (1) the ongoing copper super-cycle, with LME cash prices averaging $4.30 lb in Q3 2024-a 22 % year-over-year increase that boosts project economics; (2) U.S. federal incentives for domestic critical mineral supply chains, such as the 2022 Inflation Reduction Act, which may accelerate permitting and provide tax credits for qualifying projects; and (3) IE’s reported cash balance of $12 million as of June 2024, sufficient to fund an additional 8–10 drill rigs for the next 12 months, assuming no major capital-raising events.

If you’re interested in a deeper quantitative assessment of IE’s valuation assumptions, the ValueRay platform offers a transparent, data-first model that can help you test different price and cost scenarios.

Piotroski VR‑10 (Strict, 0-10) 0.5

Net Income (-55.0m TTM) > 0 and > 6% of Revenue (6% = 220.8k TTM)
FCFTA -0.25 (>2.0%) and ΔFCFTA 31.29pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 697.8% (prev 1938 %; Δ -1241 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.24 (>3.0%) and CFO -94.2m <= Net Income -55.0m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 1.41 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (132.9m) change vs 12m ago 10.38% (target <= -2.0% for YES)
Gross Margin -759.7% (prev 43.86%; Δ -803.6pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 0.97% (prev 0.86%; Δ 0.10pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -11.07 (EBITDA TTM -52.5m / Interest Expense TTM 5.02m) >= 6 (WARN >= 3)

Altman Z'' -12.50

(A) 0.07 = (Total Current Assets 87.7m - Total Current Liabilities 62.0m) / Total Assets 386.2m
(B) -1.56 = Retained Earnings (Balance) -602.0m / Total Assets 386.2m
warn (B) unusual magnitude: -1.56 — check mapping/units
(C) -0.15 = EBIT TTM -55.6m / Avg Total Assets 380.8m
(D) -6.55 = Book Value of Equity -605.1m / Total Liabilities 92.4m
Total Rating: -12.50 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 30.46

1. Piotroski 0.50pt
2. FCF Yield -4.39%
3. FCF Margin data missing
4. Debt/Equity 0.26
5. Debt/Ebitda -0.01
6. ROIC - WACC (= -30.24)%
7. RoE -19.14%
8. Rev. Trend -5.68%
9. EPS Trend 52.36%

What is the price of IE shares?

As of December 08, 2025, the stock is trading at USD 14.91 with a total of 3,076,533 shares traded.
Over the past week, the price has changed by +16.12%, over one month by +20.73%, over three months by +68.09% and over the past year by +62.24%.

Is IE a buy, sell or hold?

Ivanhoe Electric has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy IE.
  • Strong Buy: 1
  • Buy: 3
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the IE price?

Issuer Target Up/Down from current
Wallstreet Target Price 19.5 30.8%
Analysts Target Price 19.5 30.8%
ValueRay Target Price 18.1 21.1%

IE Fundamental Data Overview December 06, 2025

Market Cap USD = 2.21b (2.21b USD * 1.0 USD.USD)
P/S = 600.881
P/B = 7.6819
Beta = 0.996
Revenue TTM = 3.68m USD
EBIT TTM = -55.6m USD
EBITDA TTM = -52.5m USD
Long Term Debt = 24.2m USD (from longTermDebt, last quarter)
Short Term Debt = 48.6m USD (from shortTermDebt, last quarter)
Debt = 74.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 579.0k USD (from netDebt column, last quarter)
Enterprise Value = 2.21b USD (2.21b + Debt 74.0m - CCE 73.5m)
Interest Coverage Ratio = -11.07 (Ebit TTM -55.6m / Interest Expense TTM 5.02m)
FCF Yield = -4.39% (FCF TTM -97.1m / Enterprise Value 2.21b)
FCF Margin = -2638 % (FCF TTM -97.1m / Revenue TTM 3.68m)
Net Margin = -1494 % (Net Income TTM -55.0m / Revenue TTM 3.68m)
Gross Margin = -759.7% ((Revenue TTM 3.68m - Cost of Revenue TTM 31.6m) / Revenue TTM)
Gross Margin QoQ = -2792 % (prev -1315 %)
Tobins Q-Ratio = 5.73 (Enterprise Value 2.21b / Total Assets 386.2m)
Interest Expense / Debt = 1.36% (Interest Expense 1.01m / Debt 74.0m)
Taxrate = -18.92% (negative due to tax credits) (4.09m / -21.6m)
NOPAT = -66.1m (EBIT -55.6m * (1 - -18.92%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 1.41 (Total Current Assets 87.7m / Total Current Liabilities 62.0m)
Debt / Equity = 0.26 (Debt 74.0m / totalStockholderEquity, last quarter 280.1m)
Debt / EBITDA = -0.01 (negative EBITDA) (Net Debt 579.0k / EBITDA -52.5m)
Debt / FCF = -0.01 (negative FCF - burning cash) (Net Debt 579.0k / FCF TTM -97.1m)
Total Stockholder Equity = 287.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -14.24% (Net Income -55.0m / Total Assets 386.2m)
RoE = -19.14% (Net Income TTM -55.0m / Total Stockholder Equity 287.3m)
RoCE = -17.84% (EBIT -55.6m / Capital Employed (Equity 287.3m + L.T.Debt 24.2m))
RoIC = -18.51% (negative operating profit) (NOPAT -66.1m / Invested Capital 356.9m)
WACC = 11.72% (E(2.21b)/V(2.29b) * Re(12.06%) + D(74.0m)/V(2.29b) * Rd(1.36%) * (1-Tc(-0.19)))
Discount Rate = 12.06% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.23%
Fair Price DCF = unknown (Cash Flow -97.1m)
EPS Correlation: 52.36 | EPS CAGR: 4.13% | SUE: -0.06 | # QB: 0
Revenue Correlation: -5.68 | Revenue CAGR: -0.39% | SUE: 0.80 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.19 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.54 | Chg30d=+0.166 | Revisions Net=+1 | Growth EPS=+28.2% | Growth Revenue=+22.1%

Additional Sources for IE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle