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Closing Bell: Ivanhoe Electric Inc down on Thursday (IE)

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:01PM CDT

In trading today, Ivanhoe Electric Inc shares closed at $12.92 after opening the day at $12.75. Intraday prices ranged from $12.60 to $12.96.

Share prices decreased -6.38 percent from the previous day's close of $13.80.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Ivanhoe Electric Inc has listed on the Toronto Stock Exchange (TSX) under the ticker IE.

Trading volume was 2,235 on 23 total trades, while having an average volume of 1,478 over the last 5-days.

The TSX overall saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, IE.TO has traded as high as $22.30 (August 30,2023) and low as $9.89 (February 22,2024). Moreover, in the last 52 weeks, Ivanhoe Electric Inc's shares have shrunken -39.93%, while they have shrunken -3.65% since the start of 2024.

Following today's trading, Ivanhoe Electric Inc has a market capitalization of $1.65 billion on a float of 120,307 shares outstanding. Its annual EPS is $-2.02.

Ivanhoe Electric Inc is a TSX Copper company headquartered in Tempe, USA.

Currently, Ivanhoe Electric Inc's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. From those 0 analysts,.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..