Ivanhoe Electric Inc. (IE) AI Stock Analysis

• Market Cap: $2.03B
• Dividend Yield: N/A
• Average Volume (3M): 2.48M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.52
• Revenue Growth: 35.54%
• EPS Growth: 67.79%
• Country: US
• Employees: 240
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Software - Application
• EPS (TTM): -0.18
• Shares Outstanding: 132,817,230
• 10 Day Avg. Volume: 3,224,107
• 30 Day Avg. Volume: 2,478,023
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.59
• Enterprise Value/Revenue: 316.20
• Enterprise Value/Gross Profit: -97.64
• Enterprise Value/Ebitda: -15.35
• 1Y Price Target: $18.84
• Price Target Upside: 18.79% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 52 Neutral
• Price Target: $15.50 ▼(-2.27% Downside)

Ivanhoe Electric Inc.'s overall stock score is primarily impacted by its challenging financial performance, with negative profit margins and cash flow issues. While technical analysis shows a bullish trend, the negative P/E ratio and lack of dividend yield weigh down the valuation score. The absence of earnings call data and corporate events limits additional insights.

Ivanhoe Electric Inc. Business Overview & Revenue Model

Company Description

Ivanhoe Electric Inc. (IE) is a dynamic company focused on the exploration and development of mineral resources, particularly in the copper and critical minerals sectors. With a strong emphasis on sustainability and technological innovation, Ivanhoe Electric aims to meet the growing global demand for electrification and renewable energy solutions. The company is primarily engaged in the development of mining projects that utilize advanced technologies to enhance efficiency and reduce environmental impact.

How the Company Makes Money

Ivanhoe Electric generates revenue through the exploration, development, and potential production of mineral resources, particularly copper. The company's revenue model is primarily based on the sale of mined minerals and the potential for joint ventures or partnerships with other mining entities. Key revenue streams include income from mineral sales, royalties from operational partners, and potential future earnings from the production of copper and critical minerals. Additionally, strategic partnerships with other companies in the mining sector help to bolster its financial standing and provide access to resources and markets, contributing significantly to its earnings.

Ivanhoe Electric Inc. Financial Statement Overview

Summary

Ivanhoe Electric Inc. faces significant financial challenges, particularly in profitability and cash flow management. Despite positive revenue growth, the company struggles with negative margins and cash flow deficits. The balance sheet shows manageable leverage, but the negative return on equity underscores the need for improved operational efficiency and profitability.

Income Statement

Ivanhoe Electric Inc. shows a challenging financial performance with negative profit margins across the board. The TTM data indicates a gross profit margin of -10.96% and a net profit margin of -31.63%, reflecting significant operational inefficiencies. Revenue growth is positive at 16.18% TTM, suggesting some improvement in sales, but the negative EBIT and EBITDA margins highlight ongoing profitability issues.

Balance Sheet

The company's balance sheet reveals a moderate debt-to-equity ratio of 0.23 TTM, indicating manageable leverage levels. However, the return on equity is negative at -11.79%, pointing to challenges in generating returns for shareholders. The equity ratio is not explicitly calculated, but the overall asset base appears stable.

Cash Flow

Cash flow analysis shows a negative operating cash flow and free cash flow, with a significant decline in free cash flow growth at -43.53% TTM. The operating cash flow to net income ratio is negative, indicating cash flow challenges relative to earnings. The free cash flow to net income ratio is slightly above 1, suggesting some alignment between cash flow and reported earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.81M	2.90M	3.90M	8.44M	4.65M	4.63M
Gross Profit	-12.32M	1.88M	917.00K	5.30M	3.13M	2.85M
EBITDA	-78.39M	-134.95M	-211.06M	-153.15M	-62.24M	-25.26M
Net Income	-80.69M	-128.62M	-199.38M	-160.22M	-68.51M	-29.85M
Balance Sheet
Total Assets	400.47M	375.51M	487.23M	260.49M	153.53M	71.72M
Cash, Cash Equivalents and Short-Term Investments	89.29M	40.97M	205.04M	139.66M	49.85M	9.34M
Total Debt	72.59M	69.86M	79.19M	37.04M	79.23M	6.48M
Total Liabilities	89.69M	94.50M	110.95M	58.04M	125.72M	23.03M
Stockholders Equity	293.34M	268.64M	374.25M	206.38M	21.93M	41.98M
Cash Flow
Free Cash Flow	-79.35M	-175.67M	-232.60M	-160.15M	-66.22M	-39.71M
Operating Cash Flow	-67.59M	-162.10M	-150.51M	-115.73M	-47.83M	-22.98M
Investing Cash Flow	-13.74M	-14.47M	-150.77M	-48.38M	-22.63M	-16.75M
Financing Cash Flow	72.74M	18.89M	366.45M	254.41M	110.98M	44.09M

Ivanhoe Electric Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IE, the sentiment is Positive. The current price of 15.86 is above the 20-day moving average (MA) of 14.52, above the 50-day MA of 11.39, and above the 200-day MA of 8.40, indicating a bullish trend. The MACD of 1.40 indicates Positive momentum. The RSI at 63.06 is Neutral, neither overbought nor oversold. The STOCH value of 36.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IE.

Ivanhoe Electric Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CXM	75 Outperform	$1.91B	17.19	23.74%	―	6.08%	153.79%
SPNS	68 Neutral	$2.41B	35.39	14.27%	1.37%	3.08%	-1.02%
ALKT	65 Neutral	$2.42B	―	-11.47%	―	29.63%	29.87%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
IE	52 Neutral	$2.03B	―	-27.71%	―	35.54%	67.79%
DBD	52 Neutral	$2.08B	―	-1.23%	―	-3.75%	-100.59%
GRND	49 Neutral	$2.53B	―	-76.08%	―	28.35%	24.57%

Ivanhoe Electric Inc. Corporate Events

Ivanhoe Electric Announces Public Offering Agreement

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.

Ivanhoe Electric Expands Exploration with Maaden Partnership

On September 4, 2025, Saudi Arabian Mining Company (Maaden) expanded its joint venture with Ivanhoe Electric Inc. by providing an additional 1,345 square kilometers of exploration licenses. This move signifies a significant development in the partnership, potentially enhancing exploration opportunities and strengthening the company’s position in the mining industry.

The most recent analyst rating on (IE) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Ivanhoe Electric Inc. stock, see the IE Stock Forecast page.

Ivanhoe Electric Expands Exploration Licenses in Saudi Arabia

Ivanhoe Electric Inc., in collaboration with the Saudi Arabian Mining Company Maaden, has expanded its exploration footprint in Saudi Arabia by acquiring 1,345 square kilometers of new exploration licenses. This expansion includes the Musayna’ah Licenses, which show strong Iron Oxide-Copper-Gold characteristics, and the Mahd Area Licenses, adjacent to Maaden’s historic Mahd Ad Dhahab gold mine. This strategic move is part of Saudi Arabia’s Vision 2030 to bolster its mining sector and is expected to enhance Ivanhoe Electric’s prospects for future mineral discoveries, leveraging its technology-driven exploration platform.

The most recent analyst rating on (IE) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Ivanhoe Electric Inc. stock, see the IE Stock Forecast page.

Ivanhoe Electric Ends Cost Sharing Agreement

On August 29, 2025, Ivanhoe Electric Inc. announced its decision to terminate its participation in the Amended and Restated Shareholders’ Corporate Management and Cost Sharing Agreement, effective October 31, 2025. This agreement, which Ivanhoe joined in May 2021, facilitated the sharing of office facilities and administrative services among its shareholders. By terminating the agreement, Ivanhoe will assume full responsibility for its administrative and management services, potentially impacting its operational independence and cost structure.

The most recent analyst rating on (IE) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Ivanhoe Electric Inc. stock, see the IE Stock Forecast page.

Ivanhoe Electric Reports Q2 2025 Financials and Project Updates

Ivanhoe Electric Inc. is a U.S.-based minerals exploration company focused on developing mines for critical metals, primarily copper, using advanced technologies. The company recently released its earnings report for the quarter ending June 30, 2025, highlighting significant developments and financial metrics. Key financial highlights include a gross profit of $774,000, despite a net loss of $28.97 million for the quarter. The company reported an increase in cash and cash equivalents to $88.05 million, up from $40.97 million at the end of 2024, driven by a successful public offering and investments in subsidiaries. Ivanhoe Electric’s Santa Cruz Copper Project in Arizona remains a focal point, with a recent Preliminary Feasibility Study confirming its economic viability, projecting a production of 1.4 million tonnes of copper cathode over a 23-year mine life. The company is actively seeking financing options to support this project. Looking ahead, Ivanhoe Electric is positioned to leverage its technological advancements and strategic partnerships to enhance its exploration and production capabilities, with a focus on meeting the growing demand for critical metals in the U.S.