Ivanhoe Electric Inc’s recent filing unveils that its Senior VP, Exploration Boyd Graham Richard Thomas acquired Company’s shares for reported $29150.0 on Mar 06 ’25. In the deal valued at $5.83 per share,5,000 shares were bought. As a result of this transaction, Boyd Graham Richard Thomas now holds 11,510 shares worth roughly $64110.700000000004.
Then, Neeser Jordan bought 7,500 shares, generating $44,400 in total proceeds. Upon buying the shares at $5.92, the Chief Financial Officer now owns 47,500 shares.
Before that, Neeser Jordan bought 2,500 shares. Ivanhoe Electric Inc shares valued at $14,375 were divested by the Chief Financial Officer at a price of $5.75 per share. As a result of the transaction, Neeser Jordan now holds 50,000 shares, worth roughly $0.28 million.
JP Morgan initiated its Ivanhoe Electric Inc [IE] rating to an Overweight in a research note published on October 17, 2023; the price target was $18. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in late December with a ‘”a Sector perform”‘ rating. Raymond James began covering IE with “an Outperform” recommendation on September 28, 2022. JP Morgan started covering the stock on August 18, 2022. It rated IE as “a Neutral”.
Price Performance Review of IE
On Monday, Ivanhoe Electric Inc [AMEX:IE] saw its stock fall -3.63% to $5.57. Over the last five days, the stock has lost -2.45%. Ivanhoe Electric Inc shares have fallen nearly -26.23% since the year began. Nevertheless, the stocks have fallen -35.68% over the past one year. While a 52-week high of $12.98 was reached on 01/06/25, a 52-week low of $5.37 was recorded on 03/10/25. SMA at 50 days reached $6.48, while 200 days put it at $8.47.
Levels Of Support And Resistance For IE Stock
The 24-hour chart illustrates a support level at 5.38, which if violated will result in even more drops to 5.19. On the upside, there is a resistance level at 5.72. A further resistance level may holdings at 5.87. The Relative Strength Index (RSI) on the 14-day chart is 41.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.69%. Stochastics %K at 26.69% indicates the stock is a holding.
The most recent change occurred on July 25, 2022 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $13.50 price target.
