Ivanhoe Electric is a copper company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker IE on the NYSEMKT exchange.
Ivanhoe Electric stock last closed at $6.25, up 4.52% from the previous day, and has decreased 18.3% in one year. It has underperformed other stocks in the Copper industry by 0.34 percentage points. Ivanhoe Electric stock is currently +8.51% from its 52-week low of $5.76, and -51.85% from its 52-week high of $12.98.
As of Feb 14, 2025, there are 120.46M IE shares outstanding. The market cap of IE is $752.85M. In the past 24 hours, 799,179 IE shares were traded.
How to Buy Ivanhoe Electric Stock
Wondering how to invest in Ivanhoe Electric stock? Here's how.
Decide where to buy Ivanhoe Electric stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Ivanhoe Electric stock.
Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
Fund your investment account: Choose your payment method and add your info.
Analyze Ivanhoe Electric stock: The Ivanhoe Electric ticker symbol is IE. Is Ivanhoe Electric stock a good investment? Should you buy shares of IE? How do IE's underlying business fundamentals look? Do top analysts think Ivanhoe Electric is a good buy? Why has IE's stock price moved recently? (Hint: Our stock research website can help you figure out if IE is a good stock to buy).
Execute your IE buy order: Decide if you will purchase IE shares at the current market price or use a limit order to purchase IE stock at a given price.
Keep an eye on your IE position: Create a watchlist to monitor your position in Ivanhoe Electric stock.
Step 1: Decide where to buy Ivanhoe Electric stock
You need a brokerage account in order to access the NYSEMKT market and buy IE shares.
A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you can buy IE today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Ivanhoe Electric stock
Once you have chosen the best place to buy Ivanhoe Electric stock, it's absolutely critical to analyze their stock prior to buying, so you truly understand the risk and upside.
Ivanhoe Electric shares quick numbers
IE Price
$6.25
1w %
5.75%
1y %
-18.3%
5y %
N/A
P/E
3.93x
P/B
3.01x
P/S
231.48x
PEG
N/A
Revenue
$3.24M
Earnings
-$192.69M
Fore. Rev. Growth
-6.92%
Fore. Earn. Growth
N/A
Market Cap
$752.85M
Next Earnings
N/A
Next Dividend
N/A
IE Due Diligence Checks
WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on IE's stock page.
Is IE stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge IE's fair value.
Using relative valuations ratios:
IE could be undervalued based on its P/E ratio of 3.93x, relative to Copper industry P/E ratio of 27.18x
IE may be undervalued based on its P/B ratio of 3.01x, relative to Copper industry P/B ratio of 4.58x
You can access additional valuation analysis on IE's stock here.
IE Financials at a glance
Pros:
There are more short-term assets than short-term liabilities on the IE balance sheet.
There are more short-term assets than long-term liabilities on the IE balance sheet.
Cons:
IE has a relatively high debt to equity ratio of 0.46.
IE profit margin has gone up by 17.26 percentage points in the past year, but the company is still unprofitable.
IE has $87.07M in cash and short term investments. This is not enough to cover its annual cash burn of $222.20M.
IE has cash burn of 222195000. It does not have enough cash and short-term investments to cover this.
Is Ivanhoe Electric stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Equities analysts who give recommendations on IE, the consensus analyst rating on IE is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Last year, IE earnings were -$192.69M. During the last two year, IE's earnings have increased by -9.47% per year. This was slower than the Copper industry average of 30.14%.
Last year, IE revenue was $3.24M. During the past two year, IE's revenue has increased by -39.06% per year. This was slower than the Copper industry average of 10.46%.
No, Ivanhoe Electric doesn't provide an income stream by paying out dividends.
IE Social Trading Data
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Step 5: Execute your IE buy order
You have two primary options:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are generally the easiest way to buy.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at a given price, place a limit order.
Hit the Open button and your broker will place your order.
If you require additional info about buying stocks on eToro, watch the how to video below:
How much does it cost to buy one Ivanhoe Electric share?
As of Feb 14, 2025, it costs $6.25 to buy one share of Ivanhoe Electric stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.48 shares of IE.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.