Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Ivanhoe Electric Inc. ( (IE) ) has provided an announcement.
Ivanhoe Electric Inc. has announced the pricing and upsizing of its public offering, with plans to offer over 10 million units at $5.85 per unit, aiming to raise approximately $60 million. The proceeds will be utilized for a preliminary feasibility study of the Santa Cruz Project, among other corporate purposes, potentially strengthening the company’s operational capabilities and market position.
More about Ivanhoe Electric Inc.
Ivanhoe Electric Inc. operates in the electric industry, focusing on developing and exploring resources for electric power and related technologies. The company is involved in projects such as the Santa Cruz Project and engages in activities like land acquisition and drilling, aiming to enhance its market stance in electric resources.
YTD Price Performance: -21.93%
Average Trading Volume: 574,797
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $711.9M
For an in-depth examination of IE stock, go to TipRanks’ Stock Analysis page.
