<div id="readability-page-1"><p>Marex Group plc bought a new stake in shares of  Ivanhoe Electric Inc. (NYSEAMERICAN:IE - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor  bought 75,000 shares of the company's stock, valued at approximately $680,000. Marex Group plc owned approximately 0.06% of Ivanhoe Electric at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Ivanhoe Electric</strong> alerts:</span></p></div><p>A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IE. Vanguard Group Inc. grew its stake in shares of  Ivanhoe Electric by 10.7% during the first quarter. Vanguard Group Inc. now owns 5,137,785 shares of the company's stock worth $29,851,000 after acquiring an additional 496,058 shares during the last quarter.  Charles Schwab Investment Management Inc. raised its position in shares of  Ivanhoe Electric by 3.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 732,032 shares of the company's stock valued at $4,253,000 after purchasing an additional 23,626 shares during the last quarter.  Nuveen LLC purchased a new stake in  Ivanhoe Electric during the 1st quarter worth approximately $1,032,000.  Algert Global LLC purchased a new stake in  Ivanhoe Electric during the 1st quarter worth approximately $307,000.  Finally, Price T Rowe Associates Inc. MD increased its stake in  Ivanhoe Electric by 41.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,831,620 shares of the company's stock valued at $39,692,000 after purchasing an additional 1,988,562 shares in the last quarter. 79.05% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts have recently commented on the stock. National Bank Financial upgraded shares of Ivanhoe Electric to a &#34;strong-buy&#34; rating in a research note on Wednesday, September 3rd. Raymond James Financial lifted their price target on Ivanhoe Electric from $15.00 to $16.00 and gave the stock an &#34;outperform&#34; rating in a research report on Friday, October 10th. Cantor Fitzgerald started coverage on Ivanhoe Electric in a report on Thursday, August 21st. They issued an &#34;overweight&#34; rating and a $17.00 price objective on the stock. Scotiabank  restated an &#34;outperform&#34; rating on shares of Ivanhoe Electric in a research note on Tuesday, October 28th. Finally, JPMorgan Chase &amp; Co. upped their target price on Ivanhoe Electric from $14.00 to $18.00 and gave the company an &#34;overweight&#34; rating in a research report on Thursday, October 9th. One equities research analyst  has rated the stock with a Strong Buy rating and six have assigned  a Buy rating to the company's stock. Based on data from MarketBeat, Ivanhoe Electric currently has an average rating of &#34;Buy&#34; and a consensus target price of $15.70.</p><p><b>Check Out Our Latest Stock Report on IE</b></p><h2>Ivanhoe Electric Stock Performance</h2><p>NYSEAMERICAN IE opened at $14.88 on Monday. The firm has a market capitalization of $2.15 billion, a P/E ratio of -36.29 and a beta of 1.00. The stock has a 50-day simple moving average of $14.09 and a two-hundred day simple moving average of $11.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.41 and a current ratio of 1.41. Ivanhoe Electric Inc. has a fifty-two week low of $4.50 and a fifty-two week high of $17.90. </p><h2>Ivanhoe Electric Company Profile</h2> (Free Report)<p>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 was incorporated in 2020 and is headquartered in Tempe, Arizona. </p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Ivanhoe Electric</li><li>What is the Shanghai Stock Exchange Composite Index?</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>What Are Trending Stocks? Trending Stocks Explained</li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p><strong>Want to see what other hedge funds are holding IE?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ivanhoe Electric Inc. (NYSEAMERICAN:IE - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0VBTUVSSUNBTiZTeW1ib2w9SUU?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0VBTUVSSUNBTiZTeW1ib2w9SUU"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ivanhoe Electric Right Now?</h2><p>Before you consider Ivanhoe Electric, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ivanhoe Electric wasn't on the list.</p><p>While Ivanhoe Electric currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Marex Group plc invested $680,000 in Ivanhoe Electric Inc. during the 2nd quarter, acquiring 75,000 shares. This stake represents approximately 0.06% of Ivanhoe Electric. Other institutional investors, including Vanguard Group and Charles Schwab, also increased their holdings. Analysts have given Ivanhoe Electric a consensus rating of 'Buy' with a target price of $15.70. The company's stock opened at $14.88 on Monday, with a market cap of $2.15 billion.</p>

Marex Group plc Invests $680,000 in Ivanhoe Electric Inc. $IE