Ivanhoe Electric (IE) Reports Q1 Loss, Misses Revenue Estimates

Ivanhoe Electric (IE) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of$ 0.21. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this mineral exploration company would post a loss of$ 0.24 per share when it actually produced a loss of $0.19, delivering a surprise of 20.83%.Over the last four quarters, the ...