Analyst Price Target is C$20.25
▼ -5.55% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Ivanhoe Electric in the last 3 months. The average price target is C$20.25, with a high forecast of C$22.50 and a low forecast of C$18.00. The average price target represents a -5.55% upside from the last price of C$21.44.
Current Consensus is
Buy
The current consensus among 4 contributing investment analysts is to buy stock in Ivanhoe Electric.
Ivanhoe Electric Inc is a mineral project exploration and development company with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, in particular, copper, gold, silver, nickel, cobalt, vanadium, and the platinum group metals. It operates in three business segments - critical metals; data processing and software licensing services; and energy storage systems. The data processing segment that derives the majority of revenue provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas, and water exploration industries.
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