Ivanhoe Electric (TSE:IE) Shares Cross Above 200-Day Moving Average – Should You Sell?

Ivanhoe Electric Inc. (TSE:IEGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$13.00 and traded as high as C$13.36. Ivanhoe Electric shares last traded at C$13.05, with a volume of 957 shares.

Ivanhoe Electric Price Performance

The company has a market capitalization of C$1.57 billion, a price-to-earnings ratio of -4.80 and a beta of 0.83. The company’s 50 day simple moving average is C$12.57 and its 200-day simple moving average is C$13.00. The company has a current ratio of 3.66, a quick ratio of 8.83 and a debt-to-equity ratio of 27.70.

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 holds 100% interest in the Santa Cruz Copper Project located in Arizona. Ivanhoe Electric Inc was incorporated in 2020 and is headquartered in Tempe, Arizona.

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