Ivanhoe Electric Inc. (IE)
XASE:IE
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Ivanhoe Electric Inc.
(NYSE MKT:IE)
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Rating:49Neutral
Price Target:
$13.50
▼(-12.34% Downside)
Action:Reiterated
Date:06/05/26
The score is held down mainly by weak financial performance (deep losses and ongoing cash burn despite a stronger balance sheet) and a valuation profile constrained by negative earnings. Technicals are neutral and recent corporate events provide some support, but not enough to offset the core profitability and cash-flow risks.
Positive Factors
Balance-sheet resilience
Low leverage and a materially larger equity cushion provide durable financial flexibility over the next 2–6 months. This reduces near-term liquidity stress when funding project capex or tech commercialization, supporting execution of development timelines without immediate forced asset sales.
Negative Factors
Negative operating cash flow
Persistent negative operating and free cash flow means the business consumes cash rather than funds projects internally. This creates ongoing financing needs, elevates dilution risk, and constrains the firm's ability to self-fund TBM assembly and development without external capital over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet resilience
Low leverage and a materially larger equity cushion provide durable financial flexibility over the next 2–6 months. This reduces near-term liquidity stress when funding project capex or tech commercialization, supporting execution of development timelines without immediate forced asset sales.
Read all positive factors
Ivanhoe Electric Inc. (IE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.11B
Dividend YieldN/A
Average Volume (3M)1.91M
Price to Earnings (P/E)―
Beta (1Y)2.30
Revenue Growth2.78%
EPS Growth66.97%
CountryUS
Employees240
SectorBasic Materials
Sector Strength58
IndustryCopper
Share Statistics
EPS (TTM)-0.28
Shares Outstanding158,291,600
10 Day Avg. Volume1,905,966
30 Day Avg. Volume1,910,666
Financial Highlights & Ratios
PEG Ratio0.77
Price to Book (P/B)5.13
Price to Sales (P/S)658.03
P/FCF Ratio-22.90
Enterprise Value/Market Cap0.89
Enterprise Value/Revenue556.62
Enterprise Value/Gross Profit-33.51
Enterprise Value/Ebitda-17.04
Forecast
1Y Price Target
$21.29Price Target Upside38.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.34
Revenue Forecast (FY)$4.35M
Ivanhoe Electric Inc. Business Overview & Revenue Model
Company Description
Ivanhoe Electric Inc. operates as a mineral exploration and development company in the United States. It operates through Critical Metals, Technology, and Energy Storage. The company holds 84.6% interests in the Tintic copper-gold project covering...
How the Company Makes Money
Ivanhoe Electric’s potential revenue model consists of (1) mineral project value realization and (2) technology commercialization. On the mining side, the company may generate cash flows by advancing exploration and development assets toward produ...
Ivanhoe Electric Inc. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
63
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.37M | 3.24M | 2.90M | 3.90M | 8.44M | 4.65M |
| Gross Profit | -55.92M | -64.12M | 1.88M | 917.00K | 5.30M | 3.13M |
| EBITDA | -109.98M | -117.94M | -134.95M | -211.06M | -154.42M | -62.24M |
| Net Income | -33.62M | -105.87M | -128.62M | -199.38M | -149.81M | -59.32M |
Balance Sheet | ||||||
| Total Assets | 594.31M | 484.13M | 374.93M | 487.23M | 260.49M | 153.53M |
| Cash, Cash Equivalents and Short-Term Investments | 291.82M | 176.27M | 40.97M | 205.04M | 139.66M | 49.85M |
| Total Debt | 35.37M | 36.98M | 69.86M | 79.19M | 27.03M | 79.23M |
| Total Liabilities | 48.64M | 60.56M | 94.50M | 110.95M | 58.04M | 125.72M |
| Stockholders Equity | 540.28M | 416.11M | 268.64M | 374.25M | 206.38M | 21.93M |
Cash Flow | ||||||
| Free Cash Flow | -126.59M | -93.20M | -165.03M | -232.60M | -160.15M | -66.22M |
| Operating Cash Flow | -120.32M | -89.20M | -162.10M | -150.51M | -115.73M | -47.83M |
| Investing Cash Flow | 140.68M | 24.84M | 11.91M | -150.77M | -48.38M | -22.63M |
| Financing Cash Flow | 170.56M | 194.47M | -7.49M | 366.45M | 254.41M | 110.98M |
Ivanhoe Electric Inc. Technical Analysis
Neutral
15.40
Price Trends
13.18
Positive
14.60
Negative
13.80
Negative
Market Momentum
0.03
Negative
51.10
Neutral
68.99
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IE, the sentiment is Neutral. The current price of 15.4 is above the 20-day moving average (MA) of 13.33, above the 50-day MA of 13.18, and above the 200-day MA of 13.80, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 51.10 is Neutral, neither overbought nor oversold. The STOCH value of 68.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IE.
Ivanhoe Electric Inc. Risk Analysis
Ivanhoe Electric Inc. disclosed 70 risk factors in its most recent earnings report. Ivanhoe Electric Inc. reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Ivanhoe Electric Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $1.94B | 20.76 | 123.31% | ― | 31.02% | ― | |
64 Neutral | $1.28B | 45.16 | 3.93% | ― | 8.10% | -73.21% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | $1.78B | -34.57 | -13.96% | ― | 32.73% | -27.71% | |
59 Neutral | $2.82B | 26.77 | 9.97% | ― | 4.32% | ― | |
49 Neutral | $2.11B | -60.94 | -8.79% | ― | 2.78% | 66.97% |
* Basic Materials Sector Average
IE
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Ivanhoe Electric Inc. Corporate Events
Executive/Board ChangesShareholder Meetings
Ivanhoe Electric Stockholders Back Directors and Executive Pay
Positive
Jun 4, 2026
On June 4, 2026, Ivanhoe Electric Inc. held its 2026 Annual Meeting of Stockholders, with approximately 90.25% of eligible shares represented, constituting a quorum. Stockholders elected nine directors to serve until the next annual meeting or ear...
Business Operations and StrategyExecutive/Board Changes
Ivanhoe Electric Subsidiary Confirms Interim CEO Leadership Agreement
Neutral
May 21, 2026
On May 20, 2026, Ivanhoe Electric’s majority-owned subsidiary Cordoba Minerals Corp. entered into a consulting agreement with Quentin Markin to formalize his role as interim Chief Executive Officer, a position he had been announced to hold s...
Business Operations and Strategy
Ivanhoe Electric to Acquire TBM for Santa Cruz Project
Positive
May 11, 2026
On May 11, 2026, Ivanhoe Electric announced plans to acquire a purpose-built Robbins Crossover XRE tunnel boring machine and integrated material handling system for approximately $64.7 million to develop the decline at its Santa Cruz Copper Projec...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.