Ivanhoe Electric Inc. (TSE:IE – Get Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as C$7.25 and last traded at C$7.44, with a volume of 10182 shares changing hands. The stock had previously closed at C$8.21.
Ivanhoe Electric Price Performance
The stock has a 50-day moving average price of C$8.70 and a two-hundred day moving average price of C$10.89. The company has a current ratio of 2.50, a quick ratio of 8.83 and a debt-to-equity ratio of 34.05. The stock has a market cap of C$573.95 million, a price-to-earnings ratio of -2.98 and a beta of 0.83.
About Ivanhoe Electric
Ivanhoe Electric Inc is a mineral project exploration and development company with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, in particular, copper, gold, silver, nickel, cobalt, vanadium, and the platinum group metals.
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