Ivanhoe Electric Inc.

AMEX•IE

CEO: Mr. Robert Martin Friedland

Sector: Technology

Industry: Software - Application

Listing Date: 2022-06-28

Ivanhoe Electric Inc. explores and develops metals and mineral. The company provides Typhoon data acquisition system, a geophysical system that offers primary signal. It also explores copper and gold. The company holds 100% interest in the Santa Cruz Copper Project located in Arizona. Ivanhoe Electric Inc. was incorporated in 2020 and is headquartered in Tempe, Arizona.

Contact Information

450 E Rio Salado Parkway, Suite 130, Tempe, AZ, 85281, United States

480-656-5821

ivanhoeelectric.com

Market Cap

$2.18B

P/E (TTM)

-18.3

Dividend Yield

52W High

$21.55

52W Low

$4.50

52W Range

55%

Rank51Top 71.3%

3.0

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$896.00K+0.00%

4-Quarter Trend

EPS

-$0.24+0.00%

4-Quarter Trend

FCF

-$28.92M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Santa Cruz PFS Confirmed Viability PFS confirmed $1.4B after-tax NPV (8% discount) and 20% IRR for 23-year mine life. Initial CapEx $1.24B USD.

Technology Revenue Growth CGI segment revenue reached $3.244M USD in 2025, showing 12% growth. Gross profit $2.118M USD, up 13%.

Secured Bridge Financing Closed Closed $200M senior secured multi-draw Bridge Facility in December 2025 to support Santa Cruz early construction activities.

New Copper Mineral Reserves Estimated 136.173 kt of Probable Mineral Reserves at 1.08% Total Copper as of December 31, 2025, supported by mine plan.

Risk Factors

Mining Development Highly Speculative Exploration success is highly speculative; projects may never become commercially viable operating mines or generate revenue.

Ongoing Negative Cash Flow Recurring net losses and negative operating cash flows require funding through future equity issuances, risking stockholder dilution.

Subsidiary Litigation Exposure Subsidiary Cordoba faces ongoing criminal lawsuit and class action in Colombia, potentially impacting investment value and incurring costs.

Capital Cost Estimate Uncertainty Future capital and operating costs may differ significantly from PFS estimates, negatively affecting economic analysis supporting reserves.

Outlook

Santa Cruz Construction Preparation Advancing detailed engineering, readiness, and permitting; initial construction for Santa Cruz mine targeted for Q1 2026.

Pursuing Major Project Financing Advancing application for up to $825M debt financing via EXIM Bank to fund Santa Cruz development beyond initial capital.

International Exploration Advances Joint Venture plans 2026 Typhoon surveying and drilling at Wadi Bidah and new Dhiran licenses in Saudi Arabia.

Hog Heaven Follow-up Drilling Follow-up drill program planned for 2026 to explore for porphyry copper mineralization at depth at Hog Heaven Project.

Peer Comparison

Revenue (TTM)

VSH

$3.07B

+4.5%

PLUS

$2.36B

+12.6%

WBTN

$1.38B

+2.5%

Gross Margin (Latest Quarter)

82.5%

-0.4pp

PRGS

81.6%

-1.4pp

JAMF

76.0%

-1.3pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
KC	$3.89B	-27.5	-16.4%	34.1%
DAVE	$3.04B	15.5	73.9%	15.4%
VSH	$2.35B	-261.7	-0.4%	27.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

6.8%

Steady Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:May 5, 2026

EPS:-$0.27

Revenue:$1.00M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data