Ivanhoe Electric Inc. (AMEX:IE)’s traded shares stood at 4.4 million during the last session. At the close of trading, the stock’s price was $11.67, to imply an increase of 4.01% or $0.45 in intraday trading. The IE share’s 52-week high remains $16.55, putting it -41.82% down since that peak but still an impressive 39.93% since price per share fell to its 52-week low of $7.01. The company has a valuation of $1.15B, with an average of 0.48 million shares in intraday trading volume over the past 10 days and average of 315.64K shares over the past 3 months.
Ivanhoe Electric Inc. (AMEX:IE) trade information
After registering a 4.01% upside in the last session, Ivanhoe Electric Inc. (IE) has traded red over the past five days. The stock hit a weekly high of 13.32 this Friday, 03/17/23, jumping 4.01% in its intraday price action. The 5-day price performance for the stock is -9.18%, and -22.10% over 30 days. With these gigs, the year-to-date price performance is -3.95%. Short interest in Ivanhoe Electric Inc. (AMEX:IE) saw shorts transact 0.83 million shares and set a 4.1 days time to cover.
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Ivanhoe Electric Inc. (IE) estimates and forecasts
Looking at statistics comparing Ivanhoe Electric Inc. share performance against respective industry, we note that the company has outperformed competitors. Ivanhoe Electric Inc. (IE) shares are 19.33% up over the last 6 months, with its year-to-date growth rate higher than industry average at 64.92% against 17.30%.
IE Dividends
Ivanhoe Electric Inc. has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Ivanhoe Electric Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Ivanhoe Electric Inc. (AMEX:IE)’s Major holders
Ivanhoe Electric Inc. insiders hold 42.54% of total outstanding shares, with institutional holders owning 35.96% of the shares at 62.59% float percentage. In total, 35.96% institutions holds shares in the company, led by FMR, LLC. As of Sep 29, 2022, the company held over 8.61 million shares (or 9.27% of shares), all amounting to roughly $71.02 million.
The next major institution holding the largest number of shares is Sailingstone Capital Partners LLC with 3.99 million shares, or about 4.30% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $32.95 million.
We also have Fidelity Contrafund Inc and Fidelity Select Portfolios – Gold as the top two Mutual Funds with the largest holdings of the Ivanhoe Electric Inc. (IE) shares. Going by data provided on Dec 30, 2022, Fidelity Contrafund Inc holds roughly 5.38 million shares. This is just over 5.79% of the total shares, with a market valuation of $65.4 million. Data from the same date shows that the other fund manager holds a little less at 1.0 million, or 1.08% of the shares, all valued at about 10.53 million.