For Q1 FY2026 (ended March 31, 2026), Ivanhoe Electric reported revenue of $858,000, up 16.7% year-over-year. Net income was $41.7 million, a significant improvement from a net loss in the prior year, while operating income was $96.8 million. Diluted EPS was -$0.26, compared to -$0.08 in the prior year. Cash and equivalents stood at $289.8 million, and total equity was $540.3 million.
•Revenue increased 16.7% YoY to $858,000.
•Net income swung to $41.7 million from a loss, up 236.8% YoY.
•Operating income rose 458.3% to $96.8 million.
•Diluted EPS was -$0.26, down 208.3% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Ivanhoe Electric provides exploration and development of minerals in the United States, Canada, and China. It primarily explores copper, gold, silver, nickel, cobalt, and platinum group elements deposits.
The company's flagship projects are the Santa Cruz Project, a copper exploration project that comprises 6,000 acres on private land and associated water rights located in Arizona. Incorporated in 2020, Ivanhoe Electric is headquartered in Tempe, Arizona.
Ivanhoe Electric Inc. is a mineral exploration and development company focused on copper and other metals. The company explores for copper, gold, silver, nickel, cobalt, and platinum group elements in the United States, Canada, and China. Its flagship project is the Santa Cruz Project, a copper exploration property covering approximately 6,000 acres on private land with associated water rights in Arizona. The company was incorporated in 2020 and is headquartered in Tempe, Arizona.
On which stock exchange is Ivanhoe Electric (IE) listed and what is its trading currency?
Ivanhoe Electric Inc. is listed on the NYSE American exchange under the ticker symbol IE. The company trades in US Dollars (USD), as it is based in the United States and its primary market is the US equity market.
What sector and industry does Ivanhoe Electric (IE) operate in?
Ivanhoe Electric operates in the Basic Materials sector, specifically within the Copper industry. This means the company is involved in the exploration and development of copper resources, which are essential for various industrial applications including electrical wiring, construction, and electronics. As a copper-focused miner, Ivanhoe Electric's activities are tied to the demand for base metals used in infrastructure and technology.
Where is Ivanhoe Electric (IE) headquartered and what are its main geographic areas of operation?
Ivanhoe Electric Inc. is headquartered in Tempe, Arizona, United States. The company conducts mineral exploration and development activities in three countries: the United States, Canada, and China. Its flagship Santa Cruz Project is located in Arizona, while other exploration efforts target copper and related metals across North America and Asia.
What is the business model of Ivanhoe Electric (IE) and what are its key projects?
Ivanhoe Electric's business model centers on the exploration and development of mineral deposits, primarily copper. The company identifies and advances projects through exploration stages, aiming to eventually develop mines. Its key asset is the Santa Cruz Project in Arizona, a copper exploration project spanning 6,000 acres with private land and water rights. The company also explores for other metals like gold, silver, nickel, cobalt, and platinum group elements across its portfolio in the US, Canada, and China.