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Ivanhoe Electric Inc. ( (IE) ) just unveiled an update.
On June 23, 2025, Ivanhoe Electric Inc. announced the completion of a Preliminary Feasibility Study for its Santa Cruz Copper Project in Arizona. The study outlines a high-quality underground mining operation with strong economic potential, including an after-tax net present value of $1.4 billion and a 20% internal rate of return at a base copper price of $4.25 per pound. The project, which is set to begin construction in 2026 and produce its first copper cathode in 2028, is expected to produce 1.4 million tonnes of copper cathode over a 23-year mine life. The Santa Cruz Project is strategically positioned to support the U.S. domestic supply of copper, benefiting from its location on private land, which facilitates a streamlined permitting process.
The most recent analyst rating on (IE) stock is a Buy with a $10.00 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’s overall stock score is primarily weighed down by its poor financial performance, characterized by declining revenues and negative cash flows. However, positive technical indicators and a strategic corporate sale provide some optimism, offsetting the financial weaknesses to a degree. Nevertheless, the lack of a positive P/E ratio and dividend yield further limit its valuation attractiveness.
To see Spark’s full report on IE stock, click here.
More about Ivanhoe Electric Inc.
Ivanhoe Electric Inc. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily engaged in the production of copper, with a significant focus on the Santa Cruz Copper Project in Arizona, which aims to become a major domestic producer of refined copper.
Average Trading Volume: 824,034
Technical Sentiment Signal: Buy
Current Market Cap: $1.04B
For detailed information about IE stock, go to TipRanks’ Stock Analysis page.