Ivanhoe Electric (TSE:IE) Shares Pass Above 200 Day Moving Average of $13.95

Ivanhoe Electric Inc. (TSE:IEGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.95 and traded as high as C$14.52. Ivanhoe Electric shares last traded at C$14.31, with a volume of 4,900 shares.

Ivanhoe Electric Stock Performance

The stock’s 50 day moving average price is C$12.06 and its 200 day moving average price is C$13.95. The company has a current ratio of 5.45, a quick ratio of 8.83 and a debt-to-equity ratio of 22.11. The company has a market capitalization of C$1.72 billion and a price-to-earnings ratio of -5.40.

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

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