Ivanhoe Electric Inc.IE

$11.40-0.05 (-0.44%)
AMEXBasic Materials24:00 UTC

Company snapshot

Market Cap
$2B
Small-cap
+116%
2022 — today
10-Year Price
+27%
2022 — today
52-Week Range
$8.24$19.92
Current $11.40· 27%

Ivanhoe Electric Inc. primarily engages in mineral exploration and development activities across the United States. Its operations are structured into three main segments: Critical Metals, Technology, and Energy Storage. Within its Critical Metals division, the company maintains an 84.6% ownership in Utah's 65-square-kilometer Tintic copper-gold project. Additionally, it possesses an option to fully acquire the 77.59-square-kilometer Santa Cruz copper project in Arizona, holds a 75% stake in Montana's 24.2-square-kilometer Hog Heaven project which targets silver, gold, and copper, and further extends its reach with a 60% interest in the 1,125-square-kilometer Ivory Coast project. Its Technology arm delivers advanced services, including data analytics, geophysical modeling, and artificial intelligence solutions, catering to the mineral, oil and gas, and water exploration sectors. In the Energy Storage segment, it is active in the development, manufacturing, and installation of vanadium flow batteries designed for grid-scale applications. Established in 2020, Ivanhoe Electric Inc. maintains its corporate headquarters in Vancouver, Canada.

Valuation in context

P/E ratio
-39.3
N/A
Not meaningful — company is unprofitable
P/B ratio
3.3
Below average
Below the 10-year average
EV / EBITDA
125.1
Above average
Pricier than usual over the last 10 years
FCF Yield
-7.0%
Historically high
Historically high relative to the last 10 years
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