Ivanhoe Electric (TSE:IE) Shares Pass Above 200-Day Moving Average – What’s Next?

Ivanhoe Electric Inc. (TSE:IEGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$12.93 and traded as high as C$14.83. Ivanhoe Electric shares last traded at C$14.83, with a volume of 18,978 shares traded.

Ivanhoe Electric Price Performance

The company has a debt-to-equity ratio of 27.70, a quick ratio of 8.83 and a current ratio of 3.66. The company has a market capitalization of C$1.79 billion, a PE ratio of -5.45 and a beta of 0.83. The company’s 50-day simple moving average is C$10.89 and its 200-day simple moving average is C$12.93.

About Ivanhoe Electric

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Ivanhoe Electric Inc explores and develops metals and mineral. The company provides Typhoon data acquisition system, a geophysical system that offers primary signal. It also explores copper and gold. The company holds 100% interest in the Santa Cruz Copper Project located in Arizona. Ivanhoe Electric Inc was incorporated in 2020 and is headquartered in Tempe, Arizona.

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