Ivanhoe Electric Inc.

Ivanhoe Electric Inc.

IE.TO
Ivanhoe Electric Inc.CA flagToronto Stock Exchange
13.45
CAD
-0.50
- -
2.13BMarket Cap
Ivanhoe Electric Inc.
IE.TO
(Toronto Stock Exchange)

Recent

price

13.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.04
0.05
0.05
0.11
0.04
0.02
0.02
0.02
Revenue per Share
-0.27
-0.27
-0.64
-1.91
-1.95
-1.07
-0.79
-0.24
Basic EPS, GAAP
-0.29
-0.43
-0.71
-2.04
-2.27
-1.46
-0.71
-0.8
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
-0.56
-2.57
-3.92
-4.4
-4.76
-4.17
Book Value per Share
- -
0.44
0.25
2.56
3.67
2.33
3.17
3.83
Tangible Book Value per Share
93
93
93
79
102
120
134
142
Basic Weighted Avg Shares
4
5
5
8
4
3
3
3
Sales/Revenue/Turnover
-697.76
-574.16
-1,305.87
-1,565.94
-4,622.14
-6,099.66
-3,422.19
-3,325.78
Operating Margin (%)
4
4
4
4
3
3
3
3
Depreciation Expense
-25
-25
-59
-150
-199
-129
-106
-34
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
454.47
Effective Tax Rate (%)
-656.56
-544.66
-1,275.15
-1,775.04
-5,108.3
-4,433.71
-3,263.69
-998.6
Profit Margin (%)
- -
2
18
134
177
36
126
253
Working Capital
- -
- -
79
26
66
57
1
- -
LT Debt
- -
49
28
202
376
280
424
546
Total Equity
- -
- -
- -
- -
- -
- -
- -
82.05
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
13.52
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
49
35
35
LT Borrowings
24
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
133
146
158
Market Capitalization
1,591
2,072
1,663

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
88
180
301
Cash, Cash Equivalents & STI
53
173
290
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
62
54
48
Payables & Accruals
9
16
11
ST Debt
49
35
35
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
139.28%
51.04%
Free Cash Flow
- -
36.61%
-46.31%
Net Income, GAAP
- -
53.51%
-17.69%
Sales/Revenue/Turnover
- -
2.85%
11.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1
1
1
3
2025
1
1
1
1
3
2026
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.46
-0.39
-0.36
- -
-1.07
2025
-0.24
-0.18
- -
- -
-0.79
2026
0.27
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Ivanhoe Electric Inc. is a mineral exploration company focused on discovering and developing deposits of copper, gold, silver and other critical metals essential for electrification, primarily in the United States. The company deploys proprietary technologies including the Typhoon geophysical surveying system for subsurface imaging and data analytics services from its subsidiary Computational Geosciences Inc.; it also develops vanadium redox flow batteries through its VRB Energy subsidiary for grid-scale energy storage. Ivanhoe Electric operates key projects such as the Santa Cruz Copper Project in Arizona, Tintic Copper-Gold Project in Utah, Hog Heaven project in Montana and a 50/50 joint venture with Saudi Arabian Mining Company (Ma'aden) exploring approximately 48,500 square kilometers on the Arabian Shield in Saudi Arabia; its data processing segment serves mineral, oil & gas and water exploration industries with geophysical modeling and artificial intelligence solutions, while the energy storage segment manufactures and installs long-duration batteries. Founded in 2020 and headquartered in Tempe, Arizona, the company trades on the TSX (IE.TO) and NYSE American (IE). Recent developments include making the final land acquisition payment at Santa Cruz in November 2025, securing credit approval for a $200 million bank facility and up to $825 million in potential Export-Import Bank financing to advance Santa Cruz development following a June 2025 preliminary feasibility study outlining strong economics for underground mining; completing a $172.5 million public offering in October 2025 via full exercise of underwriters' options; selling its remaining 50% stake in the Alacran Copper Project in Colombia through subsidiary Cordoba Minerals in May 2025; and expanding the Ma'aden joint venture with 1,345 square kilometers of new exploration licenses in September 2025.

Company News

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  • The 5 Strategic Projects Quietly Defining the Next Decade of West's Critical Minerals Supply