Ivanhoe Electric (NYSEAMERICAN:IE) Shares Up 8.2% – Should You Buy?

Posted by Brian Himes on Aug 23rd, 2026

Ivanhoe Electric Inc. (NYSEAMERICAN:IE – Get Free Report)’s share price was up 8.2% during trading on Friday . The company traded as high as $11.18 and last traded at $11.13. Approximately 1,343,800 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 2,104,864 shares. The stock had previously closed at $10.29.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered their target price on Ivanhoe Electric from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to data from MarketBeat.com, Ivanhoe Electric currently has a consensus rating of “Buy” and a consensus price target of $17.83.

View Our Latest Research Report on Ivanhoe Electric

Ivanhoe Electric Stock Performance

The company has a market capitalization of $1.80 billion, a PE ratio of -14.27 and a beta of 1.24. The company’s fifty day moving average is $9.84 and its 200-day moving average is $12.40.

Ivanhoe Electric (NYSEAMERICAN:IE – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.28. The business had revenue of $0.72 million for the quarter, compared to the consensus estimate of $1.00 million. Ivanhoe Electric had a negative net margin of 3,899.97% and a negative return on equity of 26.29%. On average, sell-side analysts expect that Ivanhoe Electric Inc. will post -0.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Ivanhoe Electric

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AlphaGrep UK Ltd purchased a new stake in shares of Ivanhoe Electric during the second quarter worth about $187,000. Moore Capital Management LP bought a new position in Ivanhoe Electric in the 2nd quarter worth approximately $3,146,000. Alyeska Investment Group L.P. boosted its stake in Ivanhoe Electric by 1.6% in the 2nd quarter. Alyeska Investment Group L.P. now owns 6,858,654 shares of the company’s stock worth $65,912,000 after purchasing an additional 109,589 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Ivanhoe Electric by 6.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 172,717 shares of the company’s stock worth $1,660,000 after purchasing an additional 9,872 shares during the period. Finally, Wellington Management Group LLP grew its holdings in Ivanhoe Electric by 24.2% during the 2nd quarter. Wellington Management Group LLP now owns 7,038,087 shares of the company’s stock valued at $67,636,000 after buying an additional 1,371,303 shares in the last quarter. 79.05% of the stock is owned by institutional investors.

Ivanhoe Electric Company Profile

(Get Free Report)

Ivanhoe Electric (NYSEAMERICAN:IE) is a mineral exploration and project-development company focused on the discovery and advancement of battery-metal deposits. The company’s portfolio targets copper, nickel, silver, gold and zinc resources that support the growing demand for electrification and clean-energy technologies. Through systematic geological mapping, drilling and metallurgical testing, Ivanhoe Electric aims to delineate large-scale, strategically located mineral systems.

Headquartered in Greenwood Village, Colorado, Ivanhoe Electric has assembled a diversified land package across North America and Europe.