IE - Ivanhoe Electric Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$16.17
DETAILS
HIGH:
$17.50
LOW:
$15.00
MEDIAN:
$16.00
CONSENSUS:
$16.17
UPSIDE:
37.03%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 3.2 | 2.9 | 3.9 | 8.4 | 4.7 | 4.6 | 3.8 |
| Cost of Revenue | 67.4 | 1.0 | 3.0 | 3.1 | 1.5 | 1.8 | 1.8 |
| Gross Profit | (64.1) | 1.9 | 0.9 | 5.3 | 3.1 | 2.8 | 1.9 |
| Operating Expenses | |||||||
| R&D Expenses | 0.3 | 2.9 | 6.1 | 5.0 | 3.8 | 3.6 | 4.2 |
| SG&A Expenses | 39.2 | 45.0 | 48.5 | 27.1 | 20.6 | 11.7 | 11.0 |
| Other Expenses | 7.4 | 130.9 | 126.7 | 105.3 | 39.5 | (39.1) | (39.5) |
| Operating Expenses | 46.9 | 178.8 | 181.3 | 137.5 | 63.9 | (23.8) | (24.2) |
| Operating Income | |||||||
| Operating Income | (111.0) | (177.0) | (180.4) | (132.2) | (60.7) | 26.6 | 26.2 |
| Interest Expense | 4.1 | 2.6 | 3.0 | 1.0 | 1.5 | 0.2 | 0.1 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | (117.9) | (134.9) | (211.1) | (154.4) | (62.2) | (25.3) | (25.5) |
| EBIT | (120.9) | (137.7) | (213.7) | (158.6) | (66.5) | (29.3) | (29.3) |
| Income Before Tax | (125.0) | (140.2) | (216.7) | (159.6) | (68.0) | (29.5) | (29.5) |
| Income Tax Expense | 0.0 | 0.0 | (0.6) | 0.6 | 0.5 | 0.4 | (0.7) |
| Net Income | (105.9) | (128.6) | (199.4) | (149.8) | (59.3) | (25.2) | (24.6) |
| Per Share Data | |||||||
| EPS (Basic) | -0.79 | -1.07 | -1.95 | -1.61 | -0.74 | -0.32 | -0.31 |
| EPS (Diluted) | -0.79 | -1.07 | -1.95 | -1.61 | -0.74 | -0.32 | -0.31 |
| Shares Outstanding | 133.6 | 120.4 | 102.5 | 93.0 | 92.6 | 92.6 | 92.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 176.3 | 41.0 | 205.0 | 139.7 | 49.9 | 9.3 | 4.7 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0.5 | 21.6 | 3.3 | 1.5 | 1.4 | 2.8 | 0.9 |
| Inventory | 0 | 0 | 5.0 | 5.6 | 5.9 | 3.5 | 2.5 |
| Other Current Assets | 3.4 | 4.3 | 0 | 0 | 0 | 0 | 0.8 |
| Total Current Assets | 180.2 | 69.3 | 216.5 | 151.0 | 58.3 | 16.8 | 9.6 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 9.3 | 235.5 | 222.9 | 90.7 | 75.6 | 34.4 | 13.3 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0.1 | 1.2 | 4.3 | 7.5 | 10.4 |
| Long-Term Investments | 59.6 | 66.6 | 42.1 | 8.2 | 9.5 | 8.9 | 14.7 |
| Other Non-Current Assets | 234.2 | 3.5 | 5.6 | 9.3 | 2.3 | 1.3 | 4.7 |
| Total Non-Current Assets | 303.9 | 305.6 | 270.7 | 109.5 | 95.3 | 54.9 | 43.2 |
| Total Assets | 484.1 | 374.9 | 487.2 | 260.5 | 153.5 | 71.7 | 52.8 |
| Current Liabilities | |||||||
| Account Payables | 7.8 | 6.3 | 12.9 | 4.6 | 5.7 | 1.3 | 0.9 |
| Short-Term Debt | 34.8 | 12.4 | 12.7 | 0 | 0 | 5.8 | 7.9 |
| Deferred Revenue | 0 | 0 | 2.4 | 2.8 | 3.5 | 2.4 | 0 |
| Other Current Liabilities | 11.3 | 4.1 | 7.6 | 0 | 26.6 | 0.1 | 7.1 |
| Total Current Liabilities | 53.9 | 33.4 | 39.7 | 17.4 | 40.6 | 15.2 | 17.7 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 1.1 | 55.1 | 64.6 | 25.9 | 78.8 | 0 | 0 |
| Deferred Tax Liabilities | 5.6 | 4.0 | 4.8 | 3.9 | 5.4 | 6.3 | 0 |
| Other Non-Current Liabilities | (1.1) | 0.4 | 0.6 | 10.4 | 0.9 | 1.4 | 3.8 |
| Total Non-Current Liabilities | 6.7 | 61.1 | 71.2 | 40.6 | 85.1 | 7.8 | 4.5 |
| Total Liabilities | 60.6 | 94.5 | 110.9 | 58.0 | 125.7 | 23.0 | 22.2 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 43.5 | 32.1 |
| Retained Earnings | (636.0) | (530.1) | (401.5) | (202.1) | (52.3) | 0 | 0 |
| Accumulated Other Comprehensive Income | (3.6) | (3.3) | (2.1) | (1.2) | (1.5) | (1.5) | (1.3) |
| Total Stockholders' Equity | 416.1 | 268.6 | 374.3 | 206.4 | 21.9 | 42.0 | 30.8 |
| Total Liabilities & Equity | 484.1 | 374.9 | 487.2 | 260.5 | 153.5 | 71.7 | 52.8 |
| Debt Metrics | |||||||
| Total Debt | 37.0 | 69.9 | 79.2 | 27.0 | 79.2 | 6.5 | 9.3 |
| Net Debt | (139.3) | 28.9 | (125.9) | (112.6) | 29.4 | (2.9) | 4.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (105.9) | (128.6) | (199.4) | (160.2) | (68.5) | (29.9) | (28.7) |
| Depreciation & Amortization | 5.8 | 2.7 | 2.6 | 4.2 | 4.2 | 4.0 | 3.9 |
| Stock-Based Compensation | 11.7 | 0 | 21.0 | 4.8 | 3.7 | 1.1 | 0.4 |
| Change in Working Capital | (2.4) | (5.2) | 1.3 | (2.5) | 5.6 | (1.0) | (1.3) |
| Other Non-Cash Items | 1.7 | (30.9) | 24.6 | 37.3 | 6.7 | 3.0 | 3.6 |
| Operating Cash Flow | (89.2) | (162.1) | (150.5) | (115.7) | (47.8) | (23.0) | (23.0) |
| Investing Activities | |||||||
| Capital Expenditure | (4.0) | (2.9) | (82.1) | (44.4) | (18.4) | (16.7) | (4.0) |
| Acquisitions | 29.9 | 26.6 | 0 | (4.0) | (0.9) | 0 | (5.3) |
| Purchases of Investments | 0 | (1.1) | 0 | 0 | (1.6) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | (68.7) | 0 | (1.8) | (0.0) | (0.2) |
| Investing Cash Flow | 24.8 | 11.9 | (150.8) | (48.4) | (22.6) | (16.7) | (9.5) |
| Financing Activities | |||||||
| Net Debt Issuance | (41.2) | (7.1) | 4 | 96.2 | 72.9 | (2.6) | 2.5 |
| Stock Repurchased | (0.6) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.8) | (1.3) | 42.8 | 0.2 | 28.4 | 46.7 | 31.4 |
| Financing Cash Flow | 194.5 | (7.5) | 366.5 | 254.4 | 111.0 | 44.1 | 34.0 |
| Cash Position | |||||||
| Net Change in Cash | 131.0 | (159.7) | 65.4 | 89.8 | 40.5 | 4.6 | 1.6 |
| Cash at Beginning | 45.3 | 205.0 | 139.7 | 49.9 | 9.3 | 4.7 | 3.1 |
| Cash at End | 176.3 | 45.3 | 205.0 | 139.7 | 49.9 | 9.3 | 4.7 |
| Free Cash Flow | (93.2) | (165.0) | (232.6) | (160.1) | (66.2) | (39.7) | (27.0) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 3.2 | 2.9 | 3.9 | 8.4 | 4.7 | 4.6 | 3.8 |
| Gross Profit | (64.1) | 1.9 | 0.9 | 5.3 | 3.1 | 2.8 | 1.9 |
| Operating Income | (111.0) | (177.0) | (180.4) | (132.2) | (60.7) | 26.6 | 26.2 |
| Net Income | (105.9) | (128.6) | (199.4) | (149.8) | (59.3) | (25.2) | (24.6) |
| EPS (Diluted) | -0.79 | -1.07 | -1.95 | -1.61 | -0.74 | -0.32 | -0.31 |
| Balance Sheet | |||||||
| Cash & Equivalents | 176.3 | 41.0 | 205.0 | 139.7 | 49.9 | 9.3 | 4.7 |
| Total Assets | 484.1 | 374.9 | 487.2 | 260.5 | 153.5 | 71.7 | 52.8 |
| Total Debt | 37.0 | 69.9 | 79.2 | 27.0 | 79.2 | 6.5 | 9.3 |
| Stockholders' Equity | 416.1 | 268.6 | 374.3 | 206.4 | 21.9 | 42.0 | 30.8 |
| Cash Flow | |||||||
| Operating Cash Flow | (89.2) | (162.1) | (150.5) | (115.7) | (47.8) | (23.0) | (23.0) |
| Capital Expenditure | (4.0) | (2.9) | (82.1) | (44.4) | (18.4) | (16.7) | (4.0) |
| Free Cash Flow | (93.2) | (165.0) | (232.6) | (160.1) | (66.2) | (39.7) | (27.0) |