TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Ivanhoe Electric Inc. ( (IE) ) has provided an update.
On October 22, 2025, Ivanhoe Electric Inc. entered into an Underwriting Agreement with BMO Capital Markets Corp. for a public offering of 10,000,000 shares of common stock at $15.00 per share. The net proceeds of approximately $144 million, or $165 million if an additional option is exercised, will be used for payments related to the Santa Cruz Copper Project in Arizona, early development and exploration activities, and general corporate purposes. The offering is expected to close on October 23, 2025, and includes customary representations and indemnifications.
The most recent analyst rating on (IE) stock is a Buy with a $28.50 price target. To see the full list of analyst forecasts on Ivanhoe Electric Inc. stock, see the IE Stock Forecast page.
Spark’s Take on IE Stock
According to Spark, TipRanks’ AI Analyst, IE is a Neutral.
Ivanhoe Electric Inc. has a low overall stock score due to significant financial challenges, including negative profit margins and cash flow issues. Technical analysis indicates bearish momentum, and the valuation is unattractive with a negative P/E ratio. These factors collectively contribute to a cautious outlook for the stock.
To see Spark’s full report on IE stock, click here.
More about Ivanhoe Electric Inc.
Average Trading Volume: 1,686,708
Technical Sentiment Signal: Buy
Current Market Cap: $2.22B
For an in-depth examination of IE stock, go to TipRanks’ Overview page.