Ivanhoe Electric
IE

$6.70

3.72%

Market Cap: $807M

About: Ivanhoe Electric Inc is a United States-based minerals exploration and development company with a focus on developing mines from mineral deposits located in the United States. The company has three reportable segments; Critical metals segment is focused on mineral project exploration and development with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas and water exploration industries, and The energy storage segment develops, manufactures and installs vanadium flow batteries for grid-scale energy storage. It derives a majority of its revenue from Canada.

Employees: 244

Materials Metal Mining

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

368% more call options, than puts

Call options by funds: $1.55M | Put options by funds: $330K

79% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 24

4.71% more ownership

Funds ownership: 53.6% [Q1] → 58.3% (+4.71%) [Q2]

4% more capital invested

Capital invested by funds: $632M [Q1] → $658M (+$26.1M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]

3% less funds holding

Funds holding: 104 [Q1] → 101 (-3) [Q2]

16% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 19

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Research analyst outlook

We haven’t received any recent analyst ratings for IE.

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Financial journalist opinion

Based on 3 articles about IE published over the past 30 days

Mike Patterson Joins Ivanhoe Electric as Vice President, Investor Relations and Business Development

Phoenix, Arizona--(Newsfile Corp. - August 20, 2024) - Ivanhoe Electric (NYSE American: IE) (TSX: IE) President and Chief Executive Officer Taylor Melvin is pleased to announce that Mike Patterson joined the Company as the Vice President of Investor Relations and Business Development, effective August 19, 2024. Mike will be a key leader of the Company's investor relations function and the communications and business development teams in support of the Company's strategic growth initiatives.

Mike Patterson Joins Ivanhoe Electric as Vice President, Investor Relations and Business Development

Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia

Initial Program Testing Chargeability Anomaly Identified by Typhoon™ and Computational Geosciences' Inversion Software Typhoon™ Survey Near Ma'aden's Al Amar Gold-Copper-Zinc Mine Now Exceeds 155 km2 RIYADH, SAUDI ARABIA / ACCESSWIRE / August 19, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce the commencement of drilling in Saudi Arabia by the Joint Venture established between Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden ("Ma'aden") (1211). Ivanhoe Electric's Founder and Executive Chairman Robert Friedland commented: "Today's announcement marks an important milestone for our exploration Joint Venture with Ma'aden in the Kingdom of Saudi Arabia.

Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia

Ivanhoe Electric Secures 100% Ownership of Mineral Rights at its Santa Cruz Copper Project with Final Option Payment

PHOENIX, AZ / ACCESSWIRE / August 13, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric", the "Company" or "IE") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that the Company, through its wholly-owned subsidiary Mesa Cobre Holding Corporation ("Mesa Cobre"), completed the final US$10 million payment to exercise its option to acquire 100% ownership of the mineral rights at the Santa Cruz Copper Project in Arizona. Following this transaction, Ivanhoe Electric now owns 100% of the mineral and surface rights for the Santa Cruz Copper Project.

Ivanhoe Electric Secures 100% Ownership of Mineral Rights at its Santa Cruz Copper Project with Final Option Payment

Zacks Investment Research

Ivanhoe Electric (IE) Reports Q2 Loss, Misses Revenue Estimates

Ivanhoe Electric (IE) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.41 per share a year ago.

Ivanhoe Electric (IE) Reports Q2 Loss, Misses Revenue Estimates

Ivanhoe Electric Clarifies Certain Misleading Media Headlines Regarding Its Recent Registration Statement Filing

PHOENIX, AZ / ACCESSWIRE / June 13, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) clarifies misleading certain media headlines speculating that Saudi Arabia Mining Company ("Ma'aden") will sell Ivanhoe Electric shares under the recently filed Registration Statement. The Registration Statement was filed pursuant to an obligation in the Investor Rights Agreements ("IRA") entered into between Ivanhoe Electric and Ma'aden at the time of Ma'aden's initial investment in Ivanhoe Electric.

Ivanhoe Electric Clarifies Certain Misleading Media Headlines Regarding Its Recent Registration Statement Filing

Ivanhoe Electric Announces Multi-Year Sponsorship with the Native American Mining and Energy Sovereignty Initiative (NAMES) through Colorado School of Mines

PHOENIX, AZ / ACCESSWIRE / May 16, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce its multi-year commitment for a $150,000 contribution to the Native American Mining and Energy Sovereignty Initiative ("NAMES"), part of the Payne Institute for Public Policy at Colorado School of Mines ("Mines"), one of the world's foremost universities of mineral and energy engineering. NAMES serves as a beacon of support for Tribal communities, facilitating dialogue between stakeholders and driving forward-thinking discussions on mineral and energy development in the western United States.

Ivanhoe Electric Announces Multi-Year Sponsorship with the Native American Mining and Energy Sovereignty Initiative (NAMES) through Colorado School of Mines

Ivanhoe Electric Announces Exploration Alliance with BHP to Accelerate the Search for Copper and Other Critical Minerals in the United States

The Alliance Will Focus Initially on Six Areas of Interest in the Southwest United States BHP to Contribute $15 Million of Exploration Capital over Initial Three-year Term Ivanhoe Electric will Provide Access to its New Generation Typhoon™ Geophysical Survey System and Computational Geosciences' Inversion Software Ivanhoe Electric will Operate the Alliance During the Exploration Phase, with any Joint Ventures Formed Owned 50/50 PHOENIX, AZ / ACCESSWIRE / May 8, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce the signing of a definitive Exploration Alliance Agreement or "the Alliance" with a subsidiary of BHP (ASX: BHP, NYSE: BHP, LSE: BHP). The Exploration Alliance Agreement sets out the framework for BHP and Ivanhoe Electric to explore mutually agreed "Areas of Interest" or AOIs in the United States to identify projects within those AOIs that may become 50/50 owned joint ventures.

Ivanhoe Electric Announces Exploration Alliance with BHP to Accelerate the Search for Copper and Other Critical Minerals in the United States

Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Complete First Full Quarter of Exploration Activities in Saudi Arabia

Initial 76 km2 Typhoon™ Survey on the Umm Ash Shalahib Exploration License Surrounding Ma'aden's Al Amar Gold-Copper-Zinc Mine is Complete Computational Geosciences Rapidly Processed the Initial Typhoon™ Results and Identified Two High Priority Anomalies for Drill Testing Construction and Delivery of the First of Three New Generation Typhoon™ Units Ordered by the Joint Venture is Complete Next Stage Mapping and Sampling Commencing on Additional Joint Venture Lands in the Al Amar and Wadi Bidah Belts RIYADH, SAUDI ARABIA / ACCESSWIRE / April 11, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) is pleased to provide this update following the completion of the first full quarter of exploration activities in Saudi Arabia by our 50/50-owned joint venture company (the "Joint Venture") established between Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden ("Ma'aden") (Saudi Stock Exchange Tadawul: 1211). Ivanhoe Electric's President and Chief Executive Officer Taylor Melvin commented: "We had an exceptional first quarter of exploration activities in Saudi Arabia with our partners at Ma'aden.

Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Complete First Full Quarter of Exploration Activities in Saudi Arabia

Lara Sims Joins Ivanhoe Electric as Vice President, Health and Safety

PHOENIX, AZ / ACCESSWIRE / April 8, 2024 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) President and Chief Executive Officer Taylor Melvin is pleased to announce that Lara Sims will join the Company as the Vice President, Health and Safety commencing April 8th, 2024. Ms. Sims is an experienced leader with over 20 years in the mining industry developing and managing Health and Safety strategies for several large-scale mining operations across the United States.

Lara Sims Joins Ivanhoe Electric as Vice President, Health and Safety

Ivanhoe Electric Reports Best Copper-Gold-Silver Intersection To Date at Its Hog Heaven Project in Montana

Drill Hole HHD-014 Intersects 82 Meters Containing 0.63% Copper, 0.32 g/t Gold and 37.8 g/t Silver from 568 Meters High-Grade Vein Zone Includes 3.95 Meters Containing 5.78% Copper, 2.2 g/t Gold and 264.7 g/t Silver Mineralization in Drill Hole HHD-014 Intersected over 500 Meters West of Flathead Mine, and Remains Open in Several Directions Drilling To Date Demonstrated the High-Sulfidation Epithermal Mineralization has a Strike Length of at least 800 Meters Around the Northern Edge of the Flathead Diatreme PHOENIX, AZ / ACCESSWIRE / April 2, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to announce a significant intersection of copper in high-sulfidation epithermal mineralization at the Hog Heaven Project located on private land approximately 50 miles southwest of Kalispell, Montana. Mr. Friedland commented: "Since our earliest drill holes at Hog Heaven, we have been struck by the widespread sulfide mineralization containing a wide variety of both base and precious metals seen throughout the system.

Ivanhoe Electric Reports Best Copper-Gold-Silver Intersection To Date at Its Hog Heaven Project in Montana

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