Ivanhoe Electric IE

NYSE IE
$7.57 +0.54 (+7.68%)
At close: Nov 6, 2026 · 4:00 PM EST

Ivanhoe Electric (IE) stock price is $7.57, up 7.68% on the day, as of Nov 6, 2026. It has a market cap of $1.21Bn, and is classified in the Copper industry (Basic Materials sector).

Key Stats
Market Cap1.21 Bn
P/E-25.40
FCF (Yr)-87.60 Mn
ROA (Yr)-29.14
EV to EBIT30.45
Net Income (Yr)-125.05 Mn
Enterprise Value277.42 Mn
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About

Ivanhoe Electric Inc. is a technology driven minerals exploration and development company based in the United States. The company focuses on copper and other critical metals that are essential for electric transmission and generation manufacturing infrastructure technology and national security. It uses its proprietary Typhoon™ geophysical surveying system together with advanced data analytics from its subsidiary Computational Geosciences Inc. to accelerate and de risk the…

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Sectors: Basic Materials Industrials Sector rationale The company's primary business is minerals exploration and development, specifically targeting copper and critical metals through projects like the Santa Cruz Copper Project. While it sells geophysical technology (Typhoon) and data services, these are described as tools to 'accelerate and de risk the search for new metal deposits,' and the company's ultimate goal is mineral production. A secondary sector of Industrials is justified because the company owns a substantial business line through VRB Energy, which develops and markets vanadium redox flow batteries for grid-scale energy storage, a product explicitly listed under Industrials. Industries: +1 more Copper Copper Primary The company's primary focus is the exploration and development of copper and other critical metals, with its most advanced asset being the Santa Cruz Copper Project in Arizona. Its core operational segments and future revenue expectations are centered on the production of refined copper cathodes. Industrial Machinery Industrial Machinery Secondary The company manufactures and sells the Typhoon™ geophysical surveying system, which is a piece of industrial production/exploration machinery sold to partners and mining companies. Energy Storage Energy Storage Secondary Through its 90 percent interest in VRB Energy Inc., the company develops and markets vanadium redox flow battery systems for grid-scale energy storage sold to utilities and renewable power developers. Classified using BQ-MICS CIK: 0001879016
Peer percentiles

How Ivanhoe Electric ranks

Ranked against the 177 companies in Metals and Mining58 metrics · as of Nov 6, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −23.5xMedian 12.9x 42nd
  • P/FCFNegative free cash flow −12.9xMedian 12.2x 34th
  • P/Operating cash flowNegative operating cash flow −9.65xMedian 9.38x 24th
  • P/S 352xMedian 3.06x 2nd
  • P/B 2.24xMedian 2.15x 48th
  • P/Tangible book 2.24xMedian 2.15x 48th
  • EV/EBITDA 80.9xMedian 7.60x 38th
  • EV/EBIT 104xMedian 9.64x 51st
  • EV/Revenue 296xMedian 2.85x 2nd
  • EV/FCFNegative free cash flow −10.8xMedian 12.0x 32nd
  • EV/Operating cash flowNegative operating cash flow −8.11xMedian 9.89x 23rd
  • PEG (3Y EPS CAGR)Negative earnings −0.52Median 0.19 Not meaningful —
Peer group

Peer Comparison

Companies in the Copper
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 RTNTF Rio Tinto Ltd 170.99 Bn--21.82 Bn
2 SCCO Southern Copper Corp/ 138.52 Bn21.798.108.00 Bn
3 RIO Rio Tinto Plc 135.90 Bn--21.82 Bn
4 NEM NEWMONT Corp /DE/ 126.75 Bn13.724.765.09 Bn
5 TX Ternium S.A. 96.55 Bn100.745.784.10 Bn
6 AEM Agnico Eagle Mines Ltd 96.18 Bn15.586.390.20 Bn
7 FCX Freeport-Mcmoran Inc 85.33 Bn28.973.309.39 Bn
8 IE Ivanhoe Electric Inc. 1.21 Bn-25.40380.480.04 Bn