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Ivanhoe Electric (IE) Stock Jumps 12.0%: Will It Continue to Soar?
Ivanhoe Electric Ivanhoe Electric (US:IE) ZACKSยท2025-07-17 11:01

Company Overview - Ivanhoe Electric (IE) shares increased by 12% in the last trading session, closing at $11.4, with a notable volume of shares traded compared to normal sessions. The stock has gained 26.6% over the past four weeks [1] Financial Performance - For the March-end quarter, Ivanhoe Electric reported revenues of $0.73 million, a 104% increase year-over-year from $0.36 million. The gross profit surged 70% year-over-year to $0.44 million. However, the company posted a net loss of $34 million, an improvement from the net loss of $60 million in the same quarter last year [2] - The upcoming quarterly report is expected to show a loss of $0.16 per share, reflecting a year-over-year change of +59%. Revenues are anticipated to be $0.74 million, up 37% from the previous year [3] Earnings Estimates - The consensus EPS estimate for Ivanhoe Electric has been revised 29.4% lower over the last 30 days. A negative trend in earnings estimate revisions typically does not lead to price appreciation, indicating caution for future stock performance [4] Industry Context - Ivanhoe Electric is part of the Zacks Mining - Miscellaneous industry. Another company in the same sector, Materion (MTRN), closed the last trading session 1.2% higher at $85.81, with a return of 9.2% over the past month [5] - Materion's consensus EPS estimate for the upcoming report has remained unchanged at $1.16, representing an 18.3% decrease compared to the previous year's EPS. Materion also holds a Zacks Rank of 3 (Hold) [6]