Ivanhoe Electric Inc / US

Ivanhoe Electric, Inc. is a minerals exploration and development company which focuses on developing mines from mineral deposits. Its projects include Santa Cruz Copper and Tintic Copper-Gold Projects. It operates though the following segments: Critical Metals, Data Processing, and Energy Storage. The Critical Metals segment handles mineral project exploration and development with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification. The Data Processing segment provides data analytics, geophysical modeling, and artificial intelligence services for mineral, oil and gas, and water exploration industries. The Energy Storage segment develops, manufactures and installs vanadium flow batteries for grid-scale energy storage. The company was founded on July 14, 2020 and is headquartered in Vancouver, Canada.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ivanhoe Electric, Inc. is a minerals exploration and development company which focuses on developing mines from mineral deposits. Its projects include Santa Cruz Copper and Tintic Copper-Gold Projects. It operates through the following segments: Critical Metals, Data Processing, and Energy Storage. The Critical Metals segment handles mineral project exploration and development with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification. The Data Processing segment provides data analytics, geophysical modeling, and artificial intelligence services for mineral, oil and gas, and water exploration industries. The Energy Storage segment develops, manufactures, and installs vanadium flow batteries for grid-scale energy storage. The company was founded on July 14, 2020 and is headquartered in Tempe, AZ.

Strategic Land Acquisition Includes Associated Water Rights Ivanhoe Electric Now Has Agreements in Place to Own a Complete Private Land Package and Mineral Rights Encompassing the Entire Santa Cruz Project PHOENIX, AZ / ACCESSWIRE / May 11, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to announce the signing of a binding Purchase and Sale Agreement ("PSA") with Wolff-Harvard Ventures LLC ("Seller" a.k.a. "Legends Property") for the acquisition of surface land at its Santa Cruz Copper Project in Casa Grande, Arizona.

Ivanhoe Electric to Acquire 6,205 Acres of Private Land at the Santa Cruz Copper Project Near Casa Grande, Arizona

JCHX Acquires 50% of Cordoba's Alacran Project for US$100 Million Cordoba to Repay US$17.3 Million in Short-Term Loans to Ivanhoe Electric PHOENIX, AZ / ACCESSWIRE / May 8, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to announce that Ivanhoe Electric's subsidiary, Cordoba Minerals Corp. (TSXV:CDB)(OTCQB:CDBMF) ("Cordoba") and JCHX Mining Management Co., Ltd. ("JCHX") have closed their strategic arrangement as previously described in Ivanhoe Electric's December 8, 2022 news release for the joint development of Cordoba's flagship Alacran Project in Colombia.

Ivanhoe Electric Subsidiary Cordoba Minerals Announces Closing of Milestone Agreement with JCHX for Joint Development of the Alacran Copper Project in Colombia

SES AI Corp

BOSTON--(BUSINESS WIRE)--SES AI Corporation (NYSE: SES), headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, today announced that Robert Friedland has retired from its board of directors, effective March 15, 2023. Mr. Friedland is the founder and co-chairman of Ivanhoe Mines (TSX: IVN) and executive chairman of Ivanhoe Electric (NYSE: IE). Mr.

Robert Friedland to retire from SES board of directors

Experienced Mining and Finance Executive Patrick Loftus-Hills to Join as Director PHOENIX, AZ / ACCESSWIRE / March 17, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to announce that Patrick Loftus-Hills is joining the Company's Board of Directors and will serve on the Compensation and Nominating Committee. Mr. Loftus-Hills is replacing Oskar Lewnowski, who is stepping down from the Ivanhoe Electric Board to focus on his responsibilities as Founder and Group CEO of Orion Resource Partners.

Ivanhoe Electric Announces Changes to its Board of Directors

Drill Hole SCC-122 Intersects Atacamite and Chrysocolla Above Thick Intersection of Primary Mineralization, Indicating Potential to Expand Known Resource Santa Cruz Infill Drill Hole SCC-058 Intersected 55 Meters Grading 3.10% Copper, Including 37 Meters Grading 4.15% Copper Initial Assessment Underway to Evaluate Economics of a Potential High-Grade, Low-Impact Underground Copper Mine PHOENIX, AZ / ACCESSWIRE / March 16, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to provide an update on drilling operations, including visual confirmation of the presence of soluble copper mineralization at the Typhoon™-identified Texaco Ridge Exploration Area, within the Santa Cruz Copper Project, located west of Casa Grande, Arizona. Mr. Friedland commented: "We continue to experience positive drilling results at Typhoon™-identified Texaco Ridge.

Ivanhoe Electric Identifies Visible Soluble Copper Mineralization at Texaco Ridge Step-Out Exploration Drill Hole

Agreement to Explore and Earn an 80% Interest in the Project White Hill Hosts Verified Copper-Skarn Mineralization and Porphyry Copper-Molybdenum Potential Ivanhoe Electric will Deploy its Proprietary Typhoon™ Technology to White Hill PHOENIX, AZ / ACCESSWIRE / February 22, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) President and Chief Executive Officer Taylor Melvin is pleased to announce that Ivanhoe Electric has entered into an earn-in and joint venture agreement (the "Agreement") with privately-owned Exiro Minerals to acquire up to an 80% interest in the White Hill Copper Project in Nevada. White Hill is located in the Gillis Range, Mineral County, Nevada, approximately 20 miles east of Hawthorne and 100 miles southeast of Reno, Nevada.

Ivanhoe Electric Adds the White Hill Copper Project in Nevada to its Portfolio of Highly-Prospective Critical Metals Exploration Projects

The copper miner provided a positive mineral resource update.

Why Shares of Copper Miner Ivanhoe Electric Surged This Week

(Kitco News) - Ivanhoe Electric (NYSE; TSX: IE) announced Tuesday that total contained copper in indicated resources across all deposits and domains at the Santa Cruz copper project in Arizona increased by 11%, with a near-doubling of the copper cut-off grade to a minimum of 0.70%.

Ivanhoe Electric reports 'significant' resource upgrade at its Santa Cruz copper project in Arizona

65% Increase in Tonnage and 82% Increase in Total Contained Copper in Indicated Resources Across Exotic, Oxide and Enriched Domains at Santa Cruz Deposit Total Contained Copper in Indicated Resources Across all Deposits and Domains Increases by 11%, with a Near-Doubling of the Copper Cut-Off Grade to a Minimum of 0.70% Initial Mineral Resource Declarations at East Ridge and Texaco Deposits Confirm Expansion Potential of the Project Resource Base Increased Resource Base Will Form the Foundation of Initial Assessment Expected by the End of Q3 2023 Recent Metallurgical Testwork Confirms up to 94% Total Copper Recovery with a Leach-Float Circuit is Achievable at the Santa Cruz Deposit Ivanhoe Electric to Host Investor Conference Call Today at 12pm ET PHOENIX, AZ / ACCESSWIRE / February 14, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to provide an updated Mineral Resource Estimate for the Santa Cruz Copper Project ("Project") located west of Casa Grande, Arizona. The updated Mineral Resource Estimate now includes the first Mineral Resources declared at the East Ridge Deposit directly adjacent to the Santa Cruz Deposit and at the Texaco Deposit approximately one mile to the northeast.

Ivanhoe Electric Announces Significant Resource Upgrade at the Santa Cruz Copper Project in Arizona, Including Resource Additions at the East Ridge and Texaco Deposits

PHOENIX, AZ / ACCESSWIRE / January 31, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) President and Chief Executive Officer Taylor Melvin is pleased to announce that Cassandra Joseph will join the Company as Vice President, General Counsel and Corporate Secretary commencing on February 1st, 2023. Ms. Joseph is an accomplished U.S. mining industry legal executive with over 20 years of experience in corporate, environmental and intellectual property law.

Cassandra Joseph Joins Ivanhoe Electric as Vice President, General Counsel and Corporate Secretary

The Beachbody Co.

Carvana

Excelerate Energy Inc

Enviva Partners

Humanigen

Hillman Solutions Corp

Dave & Buster's

B. Riley Financial

Fintel's Officer Sentiment quant model identifies companies that experienced significant officer buying activity in the last year.

10 Stocks That Experienced Significant Officer Buying Activity Over 2022

PHOENIX, AZ / ACCESSWIRE / January 3, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) is pleased to announce that Mr. Robert Friedland, Executive Chairman of Ivanhoe Electric Inc., will be presenting at the Future Minerals Forum at the King Abdulaziz International Conference Centre in Riyadh, Saudi Arabia on January 11, 2023, at 12:40 pm local time.

Robert Friedland to Deliver a Keynote Presentation at the Future Minerals Forum in Riyadh, Saudi Arabia on January 11, 2023

JCHX to Acquire 50% of Cordoba's Alacran Project Stake for Total Cash Consideration of $100 million PHOENIX, AZ / ACCESSWIRE / December 8, 2022 / IvanhoeElectric (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that Ivanhoe Electric's subsidiary, Cordoba Minerals Corp. (TSXV: CDB; OTCQB: CDBMF) ("Cordoba") and JCHX Mining Management Co., Ltd. ("JCHX") have agreed to a strategic arrangement for the joint development of Cordoba's flagship Alacran Project in Colombia.

Ivanhoe Electric Subsidiary Cordoba Minerals Signs Milestone Agreements with JCHX to Jointly Develop the Alacran Project in Colombia

First Drill Hole at Typhoon™ Far Southwest Anomaly Confirms Discovery of Copper at 1,059 Meters Depth East Ridge Discovery Continues to Grow with Step-Out Drilling NEW YORK, NY / ACCESSWIRE / November 29, 2022 / Ivanhoe Electric (NYSE American:IE) (TSX:IE) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to provide an update on drilling operations and the remarkable discovery of copper mineralization at the Typhoon™ "Far Southwest" Anomaly, at the Santa Cruz Copper Project west of Casa Grande, Arizona. Mr. Friedland commented: "With the terabits of information gained from our 6,500-acre proprietary Typhoon™ geophysical survey, we can leverage our exploration dollars by drilling precisely where Typhoon™ indicates we should.

Ivanhoe Electric Reports Clear Demonstration of the Disruptive Power of Typhoon(TM) and Computational Geoscience Software to Find Hidden Porphyry Copper in the United States and Globally

Tintic has Geological Setting Comparable to the World-Class Bingham Canyon Porphyry Copper-Gold Mine NEW YORK, NY / ACCESSWIRE / November 22, 2022 / Ivanhoe Electric (NYSE American:IE); (TSX:IE) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce the commencement of drilling at the Tintic Copper-Gold Project in Utah. Mr. Friedland commented: "After more than five years of property acquisition, digitization of old mine records and meticulous geologic mapping, we are beginning our exploration drill program as a newly public company at our Tintic Copper-Gold project in Utah.

Ivanhoe Electric Initiates Diamond Drilling at the Tintic Copper-Gold Project in Mammoth, Utah

Longtime External Counsel Quentin Markin Will Come In-House as Executive Vice-President, Business Development and Strategy Execution Jordan Neeser Joins the Company as Chief Financial Officer NEW YORK, NY / ACCESSWIRE / November 21, 2022 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce key additions to Ivanhoe Electric's senior management team. Long serving external counsel Quentin Markin will come in-house as Executive Vice-President, Business Development and Strategy Execution, while Jordan Neeser will join as the Company's Chief Financial Officer.

Ivanhoe Electric Announces Key Additions to Its Senior Management Team

Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) announced that it has arranged a short-term, or bridge loan of US$2.5 million with its majority shareholder, Ivanhoe Electric Inc. The mineral exploration firm said the purpose of the bridge loan is to ensure the company can continue exploration activities and the advancement of its mineral projects, including the Feasibility Study technical work program at its 100%-owned San Matias copper-gold-silver project in Colombia, and for general corporate purposes. “With the ongoing backing of our majority shareholder, Ivanhoe Electric, we continue to advance exploration activities at our mineral projects,” Cordoba Minerals CEO Sarah Armstrong-Montoya said in a statement.

Cordoba Minerals receives US$2.5M loan from majority shareholder Ivanhoe Electric

Freeport-McMoRan

Will lead the Company as it develops the critical mineral mines necessary for the energy transition in the United States Robert Friedland will continue as Executive Chairman Eric Finlayson will assume new role as Chief of Global Exploration NEW YORK, NY / ACCESSWIRE / October 21, 2022 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Chairman and current Chief Executive Officer Robert Friedland and current President Eric Finlayson are pleased to announce that Taylor Melvin will join the Company as its President and Chief Executive Officer. Mr. Melvin has over 20 years of experience in the natural resources sector as a senior corporate development professional and investment banker.

American Copper Industry Veteran Taylor Melvin To Join Ivanhoe Electric As Its President and Chief Executive Officer

New analysis of historic drill core confirms high-grade mineralization in the New Park "Reserves" area located below the past-producing prolific Mammoth Mine Evidence of increasing copper grades and chalcocite in core samples indicate possible proximity to the porphyry source of Tintic mineralization COLORADO SPRINGS, CO / ACCESSWIRE / September 20, 2022 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Chairman and Chief Executive Officer Robert Friedland and President Eric Finlayson are pleased to provide an update on recent exploration activities at the Tintic Copper-Gold Project in Utah. As part of the targeting program underway ahead of the future exploration drill program, Ivanhoe Electric has re-sampled drill core from a number of historic holes.

Ivanhoe Electric Provides an Update on Recent Exploration Activities at Its Tintic Copper-Gold Project in Utah

Resource Expansion Opportunities Identified in Five Spectacular Typhoon™ Anomalies Evidence of Additional Large Sulphide Systems Detected The Open-Ended Texaco Deposit Manifests as a Large-Scale Anomaly That Is Sparsely Drilled Ivanhoe Electric To Immediately Drill Test Typhoon™ Targets NEW YORK, NY / ACCESSWIRE / September 15, 2022 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Chairman and Chief Executive Officer Robert Friedland and President Eric Finlayson are pleased to announce preliminary results from the Typhoon™ geophysical survey work at its flagship Santa Cruz Copper Project in Arizona. The 26.5 km2 (6,500-acre) Typhoon™ 3D induced polarization and resistivity geophysical survey was completed in late July 2022.

Ivanhoe Electric Receives Data From the 26.5 Square Kilometer Proprietary Typhoon Geophysical Survey Conducted at Its Santa Cruz Copper Project in Arizona

Vancouver, British Columbia--(Newsfile Corp. - August 16, 2022) - Commander Resources Ltd. (TSXV: CMD)  ("Commander") is pleased to report that project partners Fjordland Exploration Inc. ("Fjordland") (TSX.V: FEX) and Ivanhoe Electric Inc. ("IE") have commenced drilling at the South Voisey's Bay ("SVB") nickel copper cobalt project in Labrador.

Commander Partners Fjordland and Ivanhoe Electric Commence Drilling at South Voisey's Bay, Labrador

Ivanhoe Electric is a minerals exploration and development company targeting mineral deposits to produce metals necessary for the electrification of the US economy. I believe that future free cash flow could justify a valuation of much more than $1 billion.

Ivanhoe Electric: Mining For The Electrification Of The U.S. Could Be Profitable

NEW YORK, NY / ACCESSWIRE / August 8, 2022 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Chairman and Chief Executive Officer Robert Friedland and President Eric Finlayson are pleased to announce that Ivanhoe Electric's subsidiary, Cordoba Minerals Corp. (TSXV:CDB)(OTCQB:CDBMF), has reported initial diamond drilling results from its ongoing drilling program at the San Matias Copper-Gold-Silver Project in Colombia. Ivanhoe Electric owns a 63.27% interest in Cordoba Minerals with the San Matias Copper-Gold-Silver Project itself being owned 100% by Cordoba Minerals.

Ivanhoe Electric Subsidiary Cordoba Minerals Reports Intersecting Multiple High-Grade Gold-Copper Veins within the Alacran Deposit at Its San Matias Copper-Gold-Silver Project in Colombia

Santa Cruz is the second-largest undeveloped copper deposit in the Lower 48 States, the largest leachable deposit and the largest on private land 85,000-meter program of resource in-fill, geotechnical, hydrological and metallurgical drilling well underway on the Santa Cruz deposit Seven drill rigs now active Proprietary Typhoon™ geophysical survey completed to identify deposit extensions and new zones of mineralization Ivanhoe Electric's vision is for a green, low-impact, solar powered underground mine NEW YORK, NY / ACCESSWIRE / July 28, 2022 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Chairman and Chief Executive Officer Robert Friedland and President Eric Finlayson are pleased to provide an update on its flagship Santa Cruz Copper Project in Arizona. Ivanhoe Electric acquired the Santa Cruz Project in mid-2021 after several years of negotiation.

Ivanhoe Electric Updates Activities at its Flagship Santa Cruz Project in Arizona

NEW YORK, New York, June 30, 2022 (GLOBE NEWSWIRE) -- Ivanhoe Electric Inc. (“Ivanhoe Electric”), a U.S.-based minerals exploration and development company, announced today the closing of its initial public offering of 14,388,000 shares of its common stock at a price of US$11.75 per share. The gross proceeds from the offering were approximately US$169.1 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Ivanhoe Electric. In addition, Ivanhoe Electric has granted the underwriters a 30-day option to purchase up to an additional 2,158,200 shares of common stock at the initial public offering price, less underwriting discounts and commissions.

News for Ivanhoe Electric Inc / US Stock (IE)