Ivanhoe Electric Sells Stake in Alacrán Project

The latest announcement is out from Ivanhoe Electric Inc. ( (IE) ).

On May 8, 2025, Ivanhoe Electric’s subsidiary, Cordoba Minerals Corp., signed an agreement to sell its remaining 50% stake in the Alacrán Copper Project in Colombia to a consortium led by JCHX Mining Management Co., Ltd. for up to $128 million. The transaction, which includes an initial cash payment of $88 million, a deferred payment of $12 million, and contingent payments based on copper prices, marks a significant milestone for Ivanhoe Electric in monetizing its investment. The proceeds will support Ivanhoe Electric’s U.S.-based projects and exploration initiatives, while Cordoba will continue its operations with a focus on the Perseverance Copper Project in Arizona.

Spark’s Take on IE Stock

According to Spark, TipRanks’ AI Analyst, IE is a Neutral.

Ivanhoe Electric Inc.’s overall stock score is primarily impacted by its weak financial performance, including declining revenues and persistent losses. While technical analysis suggests some positive market momentum, the negative P/E ratio and lack of dividends make the stock less attractive from a valuation perspective.

To see Spark’s full report on IE stock, click here.

More about Ivanhoe Electric Inc.

Ivanhoe Electric Inc. is a United States-based minerals exploration company focused on developing mines from mineral deposits primarily located in the United States. The company aims to support American supply chain independence by discovering and delivering critical metals necessary for the electrification of the economy, with a particular emphasis on copper. Ivanhoe Electric utilizes its Typhoon™ geophysical surveying system and advanced data analytics to enhance and de-risk the mineral exploration process.

Average Trading Volume: 900,740

Technical Sentiment Signal: Sell

Current Market Cap: $816.8M

For detailed information about IE stock, go to TipRanks’ Stock Analysis page.