What is Scotiabank’s Estimate for TSE:IE FY2027 Earnings?

Ivanhoe Electric Inc. (TSE:IE) – Investment analysts at Scotiabank dropped their FY2027 earnings per share (EPS) estimates for shares of Ivanhoe Electric in a report issued on Friday, September 25th. Scotiabank analyst O. Wowkodaw now expects that the company will earn ($0.76) per share for the year, down from their previous forecast of ($0.48).

A number of other research analysts also recently weighed in on the company. National Bank Financial lowered their target price on Ivanhoe Electric from C$30.00 to C$27.00 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. Raymond James Financial cut their price target on Ivanhoe Electric from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat.com, Ivanhoe Electric has a consensus rating of “Buy” and an average target price of C$23.17.

Ivanhoe Electric Stock Performance

Shares of IE opened at C$15.09 on Tuesday. The company has a debt-to-equity ratio of 6.97, a current ratio of 5.05 and a quick ratio of 8.83. Ivanhoe Electric has a one year low of C$11.04 and a one year high of C$28.81. The firm has a market capitalization of C$2.41 billion, a P/E ratio of -58.04 and a beta of 2.67. The business has a fifty day moving average of C$14.31 and a 200 day moving average of C$15.70.

Ivanhoe Electric Company Profile

We are a United States domiciled minerals exploration company with a focus on developing mines from mineral deposits principally located in the United States. We seek to support American supply chain independence by finding and delivering copper and other critical metals vital to advanced manufacturing, infrastructure development, technology, and national security. We use our powerful Typhoon¿ geophysical surveying system, together with advanced data analytics provided by our 94.3% owned subsidiary, Computational Geosciences Inc (“CGI”), to accelerate and de-risk the mineral exploration process as we seek to discover new deposits of critical metals that may otherwise be undetectable by traditional exploration technologies.