In last trading session, Ivanhoe Electric Inc (AMEX:IE) saw 0.54 million shares changing hands with its beta currently measuring 0.88. Company’s recent per share price level of $10.76 trading at $0.63 or 6.22% at ring of the bell on the day assigns it a market valuation of $1.29B. That closing price of IE’s stock is at a discount of -55.67% from its 52-week high price of $16.75 and is indicating a premium of 32.25% from its 52-week low price of $7.29. Taking a look at company’s average trading volume volume of 487.15K if we extend that period to 3-months.
Ivanhoe Electric Inc (AMEX:IE) trade information
Upright in the green during last session for gaining 6.22%, in the last five days IE remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $10.76 price level, adding 5.86% to its value on the day. Ivanhoe Electric Inc’s shares saw a change of 6.75% in year-to-date performance and have moved 0.75% in past 5-day. Ivanhoe Electric Inc (AMEX:IE) showed a performance of 2.48% in past 30-days.
Ivanhoe Electric Inc (IE) estimates and forecasts
Statistics highlight that Ivanhoe Electric Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 4.26% of value to its shares in past 6 months, showing an annual growth rate of 41.03% while that of industry is 19.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 8.10% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1M for the same. And 1 analysts are in estimates of company making revenue of 1M in the next quarter. Company posted 679k and 1.31M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -64.45% during past 5 years.
IE Dividends
Ivanhoe Electric Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
