Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
IE
STRONG SELLFLAGIvanhoe Electric Inc. · Basic Materials · United States · $2.2B · Avg Vol: $25M/d
Ivanhoe Electric is a US-focused copper explorer and developer backed by Robert Friedland. It perfectly aligns with the US copper localization and electrification themes, but as a pre-revenue developer, it violates Terry Smith's quality compounder rules.
COMPANY DESCRIPTION
Ivanhoe Electric Inc. is a U.S.-focused mineral exploration and development company primarily targeting copper, gold, silver, and other electric metals critical to the energy transition. The company's primary competitive moat is its proprietary Typhoon electromagnetic prospecting technology, which allows for deep, highly accurate imaging of mineral deposits that traditional exploration methods cannot detect. Backed by experienced mining leadership and strategic partnerships, Ivanhoe Electric is uniquely positioned to secure domestic supply chains for critical transition metals.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 8M | 4M | 3M | 3M | -27.3% |
| EPS | — | -1.91 | -1.95 | -1.07 | -0.79 | — |
| Shares | — | 93M | 120M | 121M | 146M | +56.5% |
| Debt | 79M | 27M | 79M | 70M | 36M | -17.9% |
| Equity | — | 206M | 374M | 269M | 416M | 26.3% |
| Op CF | — | -116M | -151M | -162M | -89M | — |
| Inv CF | — | -48M | -151M | -14M | 5M | — |
| Fin CF | — | 254M | 366M | 19M | 215M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of IE are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| IE | Ivanhoe Electric Inc.(you) | $2.2B | 5 | STRONG SELL |
| FMC | FMC Corporation | $1.7B | 10 | STRONG SELL |
| CRML | Critical Metals Corp. | $1.7B | 12 | STRONG SELL |
| IPX.AX | IperionX Limited | $1.4B | 9 | STRONG SELL |
| METC | Ramaco Resources, Inc. | $1.1B | 3 | STRONG SELL |
| EMAT | Evolution Metals & Technologies Corp. | $4.2B | 2 | STRONG SELL |
| ASPI | ASP Isotopes Inc. | $978M | 8 | STRONG SELL |
| 0I0H.L | Cleveland-Cliffs Inc. | $3.7B | 16 | STRONG SELL |
| CNL | Collective Mining Ltd. | $1.4B | 19 | STRONG SELL |
| IAU.TO | i-80 Gold Corp. | $1.4B | 20 | SELL |
Peer medians: ROE 6.7% · P/E 22.2x · Gross margin 24.1%