Ivanhoe Electric Inc’s filing revealed that its President and CEO Melvin Joseph Taylor acquired Company’s shares for reported $0.29 million on Mar 07 ’25. In the deal valued at $5.76 per share,50,000 shares were bought. As a result of this transaction, Melvin Joseph Taylor now holds 730,753 shares worth roughly $6.77 million.
Then, Boyd Graham Richard Thomas bought 5,000 shares, generating $29,150 in total proceeds. Upon buying the shares at $5.83, the Senior VP, Exploration now owns 11,510 shares.
Before that, Neeser Jordan bought 7,500 shares. Ivanhoe Electric Inc shares valued at $44,400 were divested by the Chief Financial Officer at a price of $5.92 per share. As a result of the transaction, Neeser Jordan now holds 47,500 shares, worth roughly $0.44 million.
A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in mid October with a ‘”an Overweight”‘ rating. Scotiabank began covering IE with “Sector perform” recommendation on December 22, 2022. Raymond James started covering the stock on September 28, 2022. It rated IE as “an Outperform”.
Price Performance Review of IE
On Monday, Ivanhoe Electric Inc [AMEX:IE] saw its stock fall -0.96% to $9.27. Over the last five days, the stock has lost -3.94%. Ivanhoe Electric Inc shares have fallen nearly -3.54% since the year began. Nevertheless, the stocks have risen 22.78% over the past one year. While a 52-week high of $12.13 was reached on 06/26/25, a 52-week low of $4.50 was recorded on 04/04/25.
Levels Of Support And Resistance For IE Stock
The 24-hour chart illustrates a support level at 9.01, which if violated will result in even more drops to 8.76. On the upside, there is a resistance level at 9.42. A further resistance level may holdings at 9.58.
How much short interest is there in Ivanhoe Electric Inc?
A steep rise in short interest was recorded in Ivanhoe Electric Inc stocks on 2025-06-13, growing by 1.55 million shares to a total of 10.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 8.76 million shares. There was a rise of 15.0%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 18, 2022 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $12 price target.
