Ivanhoe ElectricNYSE American: IE

PHOENIX, AZ / ACCESSWIRE / June 13, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) clarifies misleading certain media headlines speculating that Saudi Arabia Mining Company ("Ma'aden") will sell Ivanhoe Electric shares under the recently filed Registration Statement. The Registration Statement was filed pursuant to an obligation in the Investor Rights Agreements ("IRA") entered into between Ivanhoe Electric and Ma'aden at the time of Ma'aden's initial investment in Ivanhoe Electric.

PHOENIX, AZ / ACCESSWIRE / May 16, 2024 / Ivanhoe Electric Inc. ("Ivanhoe Electric") (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are excited to announce a multi-year commitment of $150,000 to the Native American Mining and Energy Sovereignty Initiative ("NAMES"), a program within the Payne Institute for Public Policy at Colorado School of Mines ("Mines"), a leading university in mineral and energy engineering. NAMES supports Tribal communities by fostering communication among stakeholders and promoting forward-thinking conversations on mineral and energy development in the western United States.

Ivanhoe Electric (IE) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.41 per share a year ago.

(Kitco News) - Ivanhoe Electric (NYSE: IE) (TSX: IE) announced on Wednesday that exploration activities have commenced in Saudi Arabia by the 50/50-owned joint venture company established between Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden.

(Kitco News) - Ivanhoe Electric (NYSE: IE) (TSX: IE) today announced the completion of the initial assessment (IA) for the Santa Cruz copper project in Arizona.

(Kitco News) - Ivanhoe Electric (NYSE: IE) (TSX: IE) today announced the closing of the transactions with Saudi Arabian Mining Company Ma'aden previously announced in Ivanhoe Electric's May 15, 2023 and January 11, 2023 news releases.

The average of price targets set by Wall Street analysts indicates a potential upside of 30.4% in Ivanhoe Electric (IE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.