Want to see IE full AI Analyst Report?
Top Page
Ivanhoe Electric Inc.
(IE)
Select Model
Select Model
Rating:50Neutral
Price Target:
$8.00
▼(-32.94% Downside)
Action:Reiterated
Date:09/24/26
The score is held back primarily by weak operating fundamentals and ongoing cash burn (negative operating profit and consistently negative free cash flow), despite a low-leverage balance sheet. Technicals are neutral with modest near-term improvement but a weaker long-term trend. Positive project updates and strengthened operations leadership provide an offset, but valuation remains challenged due to negative earnings and no dividend yield.
Positive Factors
Low leverage and stronger capitalization
Low leverage gives Ivanhoe Electric greater financial flexibility while it advances its exploration portfolio and Santa Cruz project. Expanded equity and assets provide a stronger capital base than in earlier periods, potentially helping the company fund development milestones without the immediate constraints associated with heavy debt.
Negative Factors
Persistent cash burn
Sustained negative operating and free cash flow means the business is not currently self-funding its activities. If cash generation does not improve, Ivanhoe Electric may need continued external financing to support exploration and project development, increasing dependence on capital availability and potentially diluting existing owners.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and stronger capitalization
Low leverage gives Ivanhoe Electric greater financial flexibility while it advances its exploration portfolio and Santa Cruz project. Expanded equity and assets provide a stronger capital base than in earlier periods, potentially helping the company fund development milestones without the immediate constraints associated with heavy debt.
Read all positive factors
Ivanhoe Electric Inc. (IE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.35B
Dividend YieldN/A
Average Volume (3M)2.40M
Price to Earnings (P/E)―
Beta (1Y)2.46
Revenue Growth-20.57%
EPS Growth59.97%
CountryUS
Employees286
SectorBasic Materials
Sector Strength58
IndustryCopper
Share Statistics
EPS (TTM)-0.26
Shares Outstanding159,590,260
10 Day Avg. Volume2,480,652
30 Day Avg. Volume2,403,115
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 Cap0.97
Enterprise Value/Revenue431.61
Enterprise Value/Gross Profit-31.43
Enterprise Value/Ebitda89.86
Forecast
1Y Price Target
$16.57Price Target Upside38.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.06
Revenue Forecast (FY)$3.05M
Ivanhoe Electric Inc. Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
Ivanhoe Electric makes money primarily through (1) its exploration and development business and (2) its geophysical technology services business. (1) Exploration/development: Over time, the company seeks to create value by identifying mineral reso...
Ivanhoe Electric Inc. Financial Statement Overview
Summary
Income Statement
27
Negative
Balance Sheet
66
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.02M | 3.24M | 2.90M | 3.90M | 8.44M | 4.65M |
| Gross Profit | -41.51M | -64.12M | 1.88M | 917.00K | 5.30M | 3.13M |
| EBITDA | 14.52M | -117.94M | -134.95M | -211.06M | -154.42M | -62.24M |
| Net Income | -34.42M | -105.87M | -128.62M | -199.38M | -149.81M | -59.32M |
Balance Sheet | ||||||
| Total Assets | 584.82M | 484.13M | 374.93M | 487.23M | 260.49M | 153.53M |
| Cash, Cash Equivalents and Short-Term Investments | 256.88M | 176.27M | 40.97M | 205.04M | 139.66M | 49.85M |
| Total Debt | 36.65M | 36.98M | 69.86M | 79.19M | 27.03M | 79.23M |
| Total Liabilities | 54.24M | 60.56M | 94.50M | 110.95M | 58.04M | 125.72M |
| Stockholders Equity | 525.82M | 416.11M | 268.64M | 374.25M | 206.38M | 21.93M |
Cash Flow | ||||||
| Free Cash Flow | -148.04M | -93.20M | -165.03M | -232.60M | -160.15M | -66.22M |
| Operating Cash Flow | -120.29M | -89.20M | -162.10M | -150.51M | -115.73M | -47.83M |
| Investing Cash Flow | 106.41M | 24.84M | 11.91M | -150.77M | -48.38M | -22.63M |
| Financing Cash Flow | 183.63M | 194.47M | -7.49M | 366.45M | 254.41M | 110.98M |
Ivanhoe Electric Inc. Technical Analysis
Negative
11.93
Price Trends
10.06
Negative
10.07
Negative
12.38
Negative
Market Momentum
-0.52
Positive
34.33
Neutral
18.19
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IE, the sentiment is Negative. The current price of 11.93 is above the 20-day moving average (MA) of 9.50, above the 50-day MA of 10.06, and below the 200-day MA of 12.38, indicating a bearish trend. The MACD of -0.52 indicates Positive momentum. The RSI at 34.33 is Neutral, neither overbought nor oversold. The STOCH value of 18.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IE.
Ivanhoe Electric Inc. Risk Analysis
Ivanhoe Electric Inc. disclosed 71 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 |
|---|---|---|---|---|---|---|---|
68 Neutral | $2.39B | 26.40 | 357.13% | ― | 32.38% | ― | |
64 Neutral | $1.50B | 67.08 | 4.29% | ― | 6.35% | -79.74% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | $2.30B | 21.92 | 10.59% | 1.94% | 5.44% | ― | |
55 Neutral | $1.57B | -35.12 | -12.48% | ― | 27.05% | -12.95% | |
50 Neutral | $1.35B | -32.65 | -7.81% | ― | -20.57% | 59.97% |
* Basic Materials Sector Average
IE
Ivanhoe Electric Inc.
7.89
-7.97
-50.25%
GRND
Grindr
14.10
1.43
11.29%
ALKT
Alkami Technology
15.95
-7.42
-31.75%
CXM
Sprinklr
6.69
-1.07
-13.79%
DBD
Diebold Nixdorf Inc
69.26
11.44
19.79%
Ivanhoe Electric Inc. Corporate Events
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
Ivanhoe Electric Updates Santa Cruz Copper Project Study
Positive
Sep 23, 2026
On September 23, 2026, Ivanhoe Electric released an updated S-K 1300 Preliminary Feasibility Study and Technical Report for its Santa Cruz Copper Project in Arizona, replacing a June 2025 study and confirming independently prepared mineral resourc...
Business Operations and StrategyExecutive/Board Changes
Ivanhoe Electric strengthens operations leadership at Santa Cruz project
Positive
Aug 5, 2026
On August 3, 2026, Ivanhoe Electric Inc. signed an employment agreement to appoint long-time ASARCO executive Michelle Lammers as Chief Operating Officer, effective September 1, 2026, with a performance-based compensation and severance framework t...
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.