<div id="readability-page-1"><p><span>Ivanhoe Electric (NYSEAMERICAN:IE - Get Free Report)</span> had its target price dropped by equities researchers at JPMorgan Chase &amp; Co.  from $22.00 to $21.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an &#34;overweight&#34; rating on the stock. JPMorgan Chase &amp; Co.'s price objective would suggest a potential upside of 62.84% from the company's current price.</p><div><p><span></span><span>Get <strong>Ivanhoe Electric</strong> alerts:</span></p></div><h2>Ivanhoe Electric Stock Performance</h2><ul><li>The Copper Barbell: How to Profit From the Shortage—and Avoid the Dilution Trap</li></ul><p>Shares of IE traded down $0.23 during trading hours on Thursday, hitting $12.90. The company had a trading volume of 1,124,255 shares, compared to its average volume of 2,106,615. Ivanhoe Electric has a 52-week low of $4.93 and a 52-week high of $21.55. The firm has a fifty day moving average price of $14.49 and a 200-day moving average price of $14.70. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of -16.32 and a beta of 1.20. </p><h2>Insider Buying and Selling</h2><p>In related news, CFO Jordan Neeser sold 17,123 shares of Ivanhoe Electric stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $13.20, for a total value of $226,023.60. Following the completion of the sale, the chief financial officer directly owned 84,247 shares in the company, valued at approximately $1,112,060.40. This trade represents a 16.89% decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, VP Graham Richard Thomas Boyd sold 11,147 shares of Ivanhoe Electric stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $13.20, for a total value of $147,140.40. Following the completion of the sale, the vice president owned 183,079 shares of the company's stock, valued at $2,416,642.80. The trade was a 5.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 183,912 shares of company stock worth $2,831,321 in the last three months. 12.06% of the stock is currently owned by company insiders. </p><h2>Institutional Investors Weigh In On Ivanhoe Electric</h2><p>Several large investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD increased its holdings in  Ivanhoe Electric by 114.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,671,551 shares of the company's stock worth $202,493,000 after buying an additional 6,761,857 shares in the last quarter.  Alyeska Investment Group L.P. grew its stake in shares of  Ivanhoe Electric by 259.5% during the 4th quarter. Alyeska Investment Group L.P. now owns 7,552,332 shares of the company's stock valued at $120,686,000 after purchasing an additional 5,451,646 shares during the period.  Vanguard Group Inc. grew its stake in shares of  Ivanhoe Electric by 24.4% during the 4th quarter. Vanguard Group Inc. now owns 6,579,446 shares of the company's stock valued at $105,140,000 after purchasing an additional 1,290,175 shares during the period.  State Street Corp grew its stake in shares of  Ivanhoe Electric by 16.1% during the 4th quarter. State Street Corp now owns 6,451,563 shares of the company's stock valued at $103,096,000 after purchasing an additional 895,102 shares during the period.  Finally, Kopernik Global Investors LLC grew its stake in shares of  Ivanhoe Electric by 2.2% during the 2nd quarter. Kopernik Global Investors LLC now owns 3,412,561 shares of the company's stock valued at $30,952,000 after purchasing an additional 72,376 shares during the period. 79.05% of the stock is currently owned by institutional investors. </p><h2>Ivanhoe Electric Company Profile</h2> (Get Free Report)<p>Ivanhoe Electric <span>NYSEAMERICAN: IE<span></span></span> is a mineral exploration and project-development company focused on the discovery and advancement of battery-metal deposits. The company's portfolio targets copper, nickel, silver, gold and zinc resources that support the growing demand for electrification and clean-energy technologies. Through systematic geological mapping, drilling and metallurgical testing, Ivanhoe Electric aims to delineate large-scale, strategically located mineral systems.  </p><p>Headquartered in Greenwood Village, Colorado, Ivanhoe Electric has assembled a diversified land package across North America and Europe.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Ivanhoe Electric</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0VBTUVSSUNBTiZTeW1ib2w9SUU?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.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>

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<p>JPMorgan Chase & Co. has lowered its price target for Ivanhoe Electric (NYSEAMERICAN:IE) from $22.00 to $21.00 while maintaining an "overweight" rating. This suggests a potential upside of 62.84% from the current price of $12.90. Recent insider trading shows CFO Jordan Neeser and VP Graham Richard Thomas Boyd sold shares, reducing their stakes. Institutional investors have increased their holdings significantly, with 79.05% of the stock owned by them. Ivanhoe Electric focuses on mineral exploration for battery metals to support clean energy technologies.</p>

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JPMorgan Chase & Co. Has Lowered Expectations for Ivanhoe Electric (NYSEAMERICAN:IE) Stock Price