During the last session, Ivanhoe Electric Inc (AMEX:IE)’s traded shares were 0.64 million, with the beta value of the company hitting 0.93. At the end of the trading day, the stock’s price was $10.68, reflecting an intraday gain of 11.83% or $1.13. The 52-week high for the IE share is $16.75, that puts it down -56.84 from that peak though still a striking 31.74% gain since the share price plummeted to a 52-week low of $7.29. The company’s market capitalization is $1.28B, and the average trade volume was 489.57K shares over the past three months.
Ivanhoe Electric Inc (AMEX:IE) trade information
Ivanhoe Electric Inc (IE) registered a 11.83% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 11.83% in intraday trading to $10.68, hitting a weekly high. The stock’s 5-day price performance is 0.75%, and it has moved by 17.23% in 30 days. Based on these gigs, the overall price performance for the year is -9.26%.
Ivanhoe Electric Inc (IE) estimates and forecasts
Statistics show that Ivanhoe Electric Inc has outperformed its competitors in share price, compared to the industry in which it operates. Ivanhoe Electric Inc (IE) shares have gone up 3.79% during the last six months, with a year-to-date growth rate more than the industry average at 41.03% against 19.30. In the rating firms’ projections, revenue will increase 8.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 1M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 679k and 1.31M respectively. In this case, analysts expect current quarter sales to grow by 47.30% and then drop by -23.90% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -64.45%. While earnings are projected to return 62.44% in 2024.
IE Dividends
Ivanhoe Electric Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
