Ivanhoe Electric (TSE:IE) Stock Passes Above Two Hundred Day Moving Average of $13.42

Ivanhoe Electric Inc. (TSE:IE) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$13.42 and traded as high as C$14.69. Ivanhoe Electric shares last traded at C$14.69, with a volume of 2,797 shares trading hands.

Ivanhoe Electric Stock Performance

The company has a debt-to-equity ratio of 22.11, a quick ratio of 8.83 and a current ratio of 5.45. The company has a market cap of C$1.77 billion and a price-to-earnings ratio of -5.54. The stock’s fifty day simple moving average is C$12.86 and its two-hundred day simple moving average is C$13.39.

About Ivanhoe Electric

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 was incorporated in 2020 and is headquartered in Tempe, Arizona.