Reading IE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track IE free→Reading IE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track IE free→AMEXMaterialsCopperSnapshot 2026-06-16
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral, and earnings quality cannot be assessed as the company was unprofitable over the past year. Management's recent track record has been unsteady, with frequent disruptive corporate changes. Risk is high, and the sector backdrop is a headwind, with the company trading below typical for its sector peers. Peer multiples imply a price about 331% below where it trades (it looks expensive on this basis); the read is rich, as it trades above peer multiples, and the longer horizon does not make that back through growth. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 1 valuation methods, at three horizons. Current price $11.61. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $11, IE's earnings are too small for P/E to mean much; on sales it trades at 346× p/s (295.6× the 1× p/s peer median). At a normal multiple the price implies ~319% near-term growth vs our ~9% forecast. That gap is an optionality premium a financial-multiple model can't price — our $2.71 fair value covers only the as-is business, low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 319% near-term growth, well above our forecast of about 9%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only expensive valuation — not the full expensive x weak x turbulent stack. Regime (Crisis) does not concentrate fragility.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Materials names rated neutral grew net income 56% of the time over the next year (vs 57% for the rest of the cohort, n=1462).
Over the trailing year it converted 3.53x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
11 material management or governance events in the past 24 months, led by M&A activity. Historically, Materials names rated volatile grew net income 61% of the time over the next year (vs 51% for the rest of the cohort, n=235).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.23 → $-0.18 (+21.1% / 30d). 1 raised, 0 cut, 1 covering analysts.
0 upgrades, 0 downgrades / 30d. 100% of analysts rate Buy.
0 positive, 1 negative / 30d. See F4 management tile for the event list.
Transition story with positive analyst positioning (often a turnaround setup).
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$303.
How much price usually moves either way.
On a bad day, this stock has moved -$777.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,920.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Growth in revenue may show a recovery in the materials sector. This could make investors feel better about Ivanhoe Electric.
Confirms:Sector revenue growth turns positive after being near -1% for three years.
Disproves:Sector revenue growth remains negative or worsens.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for IE yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 20, 2026, Ivanhoe Electric Inc.’s majority-owned subsidiary Cordoba Minerals Corp. (“Cordoba Minerals”) entered into a consulting agreement (the “Consulting Agreement”) with Quentin Markin in connection with the performance of services by Mr. Markin as the interim Chief Executive Officer (“CEO”) for Cordoba Minerals. The Consulting Agreement…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Materials (broad).
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
IE Ivanhoe Electric Inc / US | Below typical Show detailsSector percentile: 2 of 100 | expensive | high |
LIN Linde plc | Above typical Show detailsSector percentile: 70 of 100 | expensive | moderate |
SCCO SOUTHERN COPPER CORP DEL | Above typical Show detailsSector percentile: 82 of 100 | expensive | elevated |
NEM Newmont | Above typical Show detailsSector percentile: 93 of 100 | inexpensive | elevated |
FCX Freeport-McMoRan | Typical Show detailsSector percentile: 52 of 100 | full | elevated |
Not investment advice. As of 2026-06-16.
via XLB
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Acquire the Crossover XRE Tunnel Boring Machine from The Robbins Company to enhance operational capabilities.
Appoint Quentin Markin as interim CEO of Cordoba Minerals to ensure leadership continuity.
Finalize the acquisition of Cordoba Minerals to strengthen the company's portfolio.
Entry Into A Material Definitive Contract. As previously disclosed in the Current Report on Form 8-K of Ivanhoe Electric Inc. (the “Company”) filed on May 11, 2026, the Company secured a legally binding option to acquire the Crossover XRE Tunnel Boring Machine (“TBM”) from The Robbins Company (“Robbins”) in March 2026. On May 28, 2026, the Company, through its wholly owned subsidiary Mesa Cobre Holding Corporation (“Mesa Cobre”), entered into an Agreement for the Purchase, Supply, Transport,…
Entry into a Material Definitive Agreement. On February 10, 2026, Ivanhoe Electric Inc.’s (the “Company”) publicly listed and 60.8% owned subsidiary, Cordoba Minerals Corp. (“Cordoba”), and Cordoba Minerals Holdings Ltd., an indirect subsidiary of Cordoba (“Cordoba Barbados”, and together with Cordoba, the “Cordoba Parties”), JCHX Mining Management Co., Ltd. (“JCHX”), Veritas Resources AG, a majority-owned subsidiary of JCHX (“Buyer”), Naipu Mining Machinery, (“Naipu”), PIA Global Limited, an…
Entry into a Material Definitive Agreement. On December 12, 2025 (the “Effective Date”), Ivanhoe Electric Inc.’s (the “Company”) wholly-owned subsidiary Mesa Cobre Holding Corporation (the “Borrower”) entered into a credit agreement (the “Credit Agreement”), by and among the Borrower, National Bank of Canada, as administrative agent (“Administrative Agent”) and collateral agent (“Collateral Agent”) for the lenders, and each of the lenders party thereto from time to time, which currently inclu…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in