TSX

Ivanhoe Electric Inc.

IE.TO•Basic Materials•Copper
Current Price
$10.52
Today's Change
-4.01%
Market Cap
$1.75B
Volume
4.51K
🔶

Commodity Exposure

Copper

Current Price
$6.43/lb
-1.76% today
💡

Industry Context

Copper miners benefit from infrastructure demand. Price cycles typically last 5-7 years.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Ivanhoe Electric Inc. is a mineral exploration and development firm focused on the U.S. copper market. The company shows strong liquidity with a current and quick ratio of 5.05, indicating solid short-term financial health. However, it faces significant concerns with extremely negative EBITDA and net margins, suggesting operational inefficiencies. The high gross margin of 50.8% contrasts sharply with its overall financial performance, highlighting potential challenges in converting revenue into profit. Investors should weigh these strengths against the operational hurdles before making decisions.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$28.81
52 Week Low$10.92
Avg Volume29.63K
Beta1.24
Shares Outstanding159.59M

🔥 Valuation

Market Cap$1.75B
Enterprise Value$1.68B
P/E Ratio-9.83
EV/EBITDA ⚠️-19.78x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Revenue Declining

Revenue fell 20.6% year-over-year from $3.8M to $3.0M. The decline has persisted for multiple quarters.

🟠

Significant Losses

Company posted a loss of $-34.5M over the last year, representing 1143.1% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $115.7M over the last year.

🌟 Opportunities

🚀

Fortress balance sheet: cash covers total debt 7.1×, providing significant financial flexibility.

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Excellent liquidity with current ratio of 5.0x ensures operational stability.

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