Scotiabank raised the firm’s price target on Ivanhoe Electric (IE) to $17.50 from $17 and keeps an Outperform rating on the shares. The firm is updating its estimates on Metals & Mining stocks under its coverage to reflect higher gold and silver price assumptions, the analyst tells investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IE:
- Ivanhoe Electric Raises $172.5 Million in Public Offering to Boost Copper Project
- Ivanhoe Electric Announces Public Offering Agreement
- Ivanhoe Electric 10M share Spot Secondary priced at $15.00
- Ivanhoe Electric 8.333M share Spot Secondary priced at $15.00
- Ivanhoe Electric $125M Spot Secondary, re-offered at $15.00
