Shares of Ivanhoe Electric Inc (IE, Financial) surged 4.93% in mid-day trading on Oct 25. The stock reached an intraday high of $11.09, before settling at $11.07, up from its previous close of $10.55. This places IE 14.71% below its 52-week high of $12.98 and 75.44% above its 52-week low of $6.31. Trading volume was 170,876 shares, 22.5% of the average daily volume of 759,991.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Ivanhoe Electric Inc (IE, Financial) is $16.25 with a high estimate of $18.00 and a low estimate of $14.00. The average target implies an upside of 46.79% from the current price of $11.07. More detailed estimate data can be found on the Ivanhoe Electric Inc (IE) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Ivanhoe Electric Inc's (IE, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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