Scotiabank Cuts Ivanhoe Electric (NYSEAMERICAN:IE) Price Target to $16.00

Posted by on Sep 28th, 2026

Ivanhoe Electric (NYSEAMERICAN:IE – Free Report) had its target price trimmed by Scotiabank from $18.00 to $16.00 in a research note released on Friday, MarketBeat Ratings reports. The firm currently has a sector outperform rating on the stock.

Separately, JPMorgan Chase & Co. cut their price objective on shares of Ivanhoe Electric from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $17.33.

View Our Latest Research Report on Ivanhoe Electric

Ivanhoe Electric Price Performance

IE opened at $10.56 on Friday. The firm has a market capitalization of $1.69 billion, a P/E ratio of -13.37 and a beta of 1.26. The firm’s 50 day moving average is $10.19 and its 200-day moving average is $11.34. Ivanhoe Electric has a 52-week low of $7.86 and a 52-week high of $21.55.

Ivanhoe Electric (NYSEAMERICAN:IE – Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.28. The business had revenue of $0.72 million for the quarter, compared to analysts’ expectations of $1.00 million. Ivanhoe Electric had a negative net margin of 3,899.97% and a negative return on equity of 26.29%. Equities analysts expect that Ivanhoe Electric will post -0.14 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ivanhoe Electric

Institutional investors and hedge funds have recently made changes to their positions in the business. Goehring & Rozencwajg Associates LLC increased its stake in shares of Ivanhoe Electric by 18.3% in the first quarter. Goehring & Rozencwajg Associates LLC now owns 2,115,009 shares of the company’s stock worth $24,999,000 after buying an additional 327,112 shares during the last quarter. Invst LLC bought a new position in Ivanhoe Electric during the 2nd quarter valued at $1,276,000. MFN Partners Management LP bought a new position in Ivanhoe Electric during the 2nd quarter valued at $24,536,166. Kopernik Global Investors LLC grew its holdings in Ivanhoe Electric by 316.1% during the 1st quarter. Kopernik Global Investors LLC now owns 1,784,170 shares of the company’s stock worth $21,089,000 after acquiring an additional 1,355,418 shares in the last quarter. Finally, Moore Capital Management LP acquired a new position in Ivanhoe Electric during the 2nd quarter worth $3,146,000. 79.05% of the stock is currently owned by hedge funds and other institutional investors.

Ivanhoe Electric Company Profile

(Get Free Report)

Ivanhoe Electric Inc is a mineral exploration and development company focused on discovering and advancing deposits of copper and other critical minerals used in electrification, renewable energy and modern infrastructure. The company primarily concentrates its exploration activities in the United States.

Its principal asset is the Santa Cruz copper project in Arizona, which Ivanhoe Electric is advancing through exploration and development work. The company also holds interests in other mineral exploration properties and evaluates additional opportunities with potential to host copper, nickel, gold and related critical minerals.

Ivanhoe Electric has developed the Typhoon geophysical surveying system, a proprietary technology designed to identify subsurface mineralization by collecting and analyzing electrical data.

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