Ivanhoe Electric Inc. (NYSEAMERICAN:IE – Get Rating) – Analysts at Jefferies Financial Group cut their FY2025 earnings estimates for shares of Ivanhoe Electric in a research report issued on Wednesday, January 11th. Jefferies Financial Group analyst C. Lafemina now expects that the company will post earnings of ($1.80) per share for the year, down from their prior forecast of ($1.71). The consensus estimate for Ivanhoe Electric's current full-year earnings is ($1.42) per share. Jefferies Financial Group also issued estimates for Ivanhoe Electric's FY2026 earnings at $0.61 EPS.

Other analysts also recently issued research reports about the stock. Raymond James assumed coverage on shares of Ivanhoe Electric in a report on Wednesday, September 28th. They issued an "outperform" rating and a $12.00 target price for the company. Scotiabank assumed coverage on shares of Ivanhoe Electric in a research report on Thursday, December 22nd. They set a "sector perform" rating and a $14.00 price target for the company. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Ivanhoe Electric presently has an average rating of "Moderate Buy" and an average target price of 13.30.

Ivanhoe Electric Trading Up 3.2 %

Ivanhoe Electric (NYSEAMERICAN:IE – Get Rating) last posted its quarterly earnings data on Monday, November 14th. The company reported -0.43 EPS for the quarter, missing analysts' consensus estimates of -0.19 by -0.24. The firm had revenue of 1.18 million for the quarter, compared to the consensus estimate of 1.50 million.

Institutional Investors Weigh In On Ivanhoe Electric

A number of institutional investors and hedge funds have recently bought and sold shares of IE. FMR LLC bought a new stake in Ivanhoe Electric in the second quarter valued at $69,384,000. SailingStone Capital Partners LLC raised its position in shares of Ivanhoe Electric by 7.1% in the 3rd quarter. SailingStone Capital Partners LLC now owns 3,994,057 shares of the company's stock worth $28,365,000 after purchasing an additional 265,025 shares during the last quarter. MFN Partners Management LP purchased a new position in shares of Ivanhoe Electric in the 2nd quarter worth about $22,213,000. BlackRock Inc. raised its position in shares of Ivanhoe Electric by 34.3% in the 3rd quarter. BlackRock Inc. now owns 2,216,562 shares of the company's stock worth $18,287,000 after purchasing an additional 566,397 shares during the last quarter. Finally, Kopernik Global Investors LLC purchased a new position in shares of Ivanhoe Electric in the 3rd quarter worth about $9,176,000. 27.67% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Ivanhoe Electric news, Chairman Robert M. Friedland bought 422,767 shares of the business's stock in a transaction on Tuesday, November 29th. The stock was purchased at an average price of 9.85 per share, for a total transaction of 4,164,254.95. Following the completion of the transaction, the chairman now directly owns 9,385,324 shares of the company's stock, valued at 92,445,441.40. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 14.10% of the company's stock.

Ivanhoe Electric Company Profile

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Ivanhoe Electric Inc operates as a mineral exploration and development company in the United States. It operates through Critical Metals, Technology, and Energy Storage. The company holds 84.6% interests in the Tintic copper-gold project covering an area of 65 square kilometers located in Utah. It also holds an option to acquire a 100% interest in the Santa Cruz copper project covering an area of 77.59 square kilometers located in Arizona; 75% interest in the Hog Heaven silver-gold-copper project covering an area of 24.2 square kilometers located in Montana; and 60% interest in the Ivory Coast project covering an area of 1,125 square kilometers located in the Ivory Coast.

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