Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ivanhoe Electric Inc shares valued at $288,000 were purchased by Melvin Joseph Taylor on Mar 07 ’25. At $5.76 per share, Melvin Joseph Taylor acquired 50,000 shares. The insider’s holdings grew to 730,753 shares worth approximately $6.7 million following the completion of this transaction.
Also, Boyd Graham Richard Thomas purchased 5,000 shares, netting a total of over 29,150 in proceeds. Following the buying of shares at $5.83 each, the insider now holds 11,510 shares.
Before that, Neeser Jordan had added 7,500 shares to its account. In a trade valued at $44,400, the Chief Financial Officer bought Ivanhoe Electric Inc shares for $5.92 each. Upon closing the transaction, the insider’s holdings increased to 7,500 shares, worth approximately $0.44 million.
As published in their initiating research note from JP Morgan on October 17, 2023, Ivanhoe Electric Inc [IE] has been an Overweight and the price target has been revised to $18. Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in late December. As of September 28, 2022, Raymond James has initiated its “an Outperform” rating for IE. Earlier on August 18, 2022, JP Morgan initiated its rating. Their recommendation was “a Neutral” for IE stock.
Analyzing IE Stock Performance
On last trading session,, Ivanhoe Electric Inc [AMEX: IE] rose 8.65% to $9.17. The stock’s lowest price that day was $8.41, but it reached a high of $9.26 in the same session. During the last five days, there has been a surge of approximately 14.05%. Over the course of the year, Ivanhoe Electric Inc shares have dropped approximately -4.78%. Shares of the company reached a 52-week high of $9.26 on 06/25/25 and a 52-week low of $4.50 on 04/04/25.
Support And Resistance Levels for Ivanhoe Electric Inc (IE)
According to the 24-hour chart, there is a support level at 8.63, which, if violated, would cause prices to drop to 8.10. In the upper region, resistance lies at 9.48. The next price resistance is at 9.80. RSI (Relative Strength Index) is 70.55 on the 14-day chart, showing overbought technical sentiment.
Is Ivanhoe Electric Inc subject to short interest?
Stocks of Ivanhoe Electric Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.92 million shares to 9.49 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 10.4 million shares. A decline of -9.68% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 13.35 of the overall float, the days-to-cover ratio (short ratio) decline to 13.35.
Which companies own the most shares of Ivanhoe Electric Inc (IE)?
In terms of Ivanhoe Electric Inc share price expectations, FactSet research, analysts set an average price target of 14.25 in the next 12 months, up nearly 68.84% from the previous closing price of $8.44. Analysts anticipate Ivanhoe Electric Inc stock to reach 15 by 2025, with the lowest price target being 13.5. In spite of this, 8 analysts ranked Ivanhoe Electric Inc stock as Buy at the end of 2025. On July 25, 2022, Jefferies assigned a price target of “a Buy” to the stock and initiated coverage with a $13.50.
