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Companies / Materials / Ivanhoe Electric Inc.
IE

Ivanhoe Electric Inc.

MaterialsMining
Ticker IETEMPE, AZFiscal year ends DecemberBook value per share $3.17Diluted shares 156.8M

Ivanhoe Electric Inc. (NYSE American: IE) is a technology-driven U.S. minerals exploration and development company focused on copper and other critical metals. It explores and advances mineral projects, primarily in the United States, and operates exploration ventures and alliances in Saudi Arabia, Chile and the… From the company’s description.

Over the twelve months to Sep 30, 2026, Ivanhoe Electric Inc. reported revenue of $3.19M, down 13.4% from a year earlier, and a net loss of $15.91M. Its operating margin was 285.9%, and operations used $116.22M in cash. In fiscal 2025, it reported revenue of $3.24M, up 11.8% from fiscal 2024, and a net loss of $125.05M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$3.24MFY2025
+11.8% year over year
Last 12 mo $3.19M
-3500.96%FY2025
+2598.7 percentage points
Last 12 mo 285.94%
$-125.05MFY2025
+10.9% year over year
Last 12 mo $-15.91M
-24.83%FY2025
+23 percentage points
Last 12 mo -9.60%
Cash & financing
$-89.20MFY2025
+45.0% year over year
Last 12 mo $-116.22M
$-93.20MFY2025
+43.5% year over year
Last 12 mo $-148.35M
0.08FY2025
Was 0.25× a year earlier
Last 12 mo 0.07
133.6MFY2025
+11.0% year over year
Last 12 mo 156.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ivanhoe Electric Inc. does

In the company’s own words

Ivanhoe Electric Inc. (NYSE American: IE) is a technology-driven U.S. minerals exploration and development company focused on copper and other critical metals. It explores and advances mineral projects, primarily in the United States, and operates exploration ventures and alliances in Saudi Arabia, Chile and the United States. Its wholly owned Santa Cruz Copper Project in Arizona is its sole material mineral project; a 2025 preliminary feasibility study describes an underground mine and heap-leach facility designed to produce copper cathode. The company’s other U.S. projects include Tintic in Utah, Hog Heaven in Montana and Gleeson in Arizona. Ivanhoe Electric also owns Typhoon, a geophysical survey system, and a 94.3% interest in Computational Geosciences Inc., which processes geophysical data and develops three-dimensional subsurface models. Its 90%-owned VRB Energy develops grid-scale vanadium redox flow battery systems, including through a Chinese joint venture. The Santa Cruz study projects 1.4 million tonnes of copper cathode over a 23-year mine life.

Company details
Sector
Materials
Industry (SIC)
Mining
Headquarters
TEMPE, AZ
Fiscal year end
December
CIK
1879016
SIC
1000

Financial performance, year by year

Fiscal 2022–2025 · USD
$-238.53M$-171.17M$-103.82M$-36.46M$30.89M2022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ivanhoe Electric Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

191
funds hold it
0 of 35
superinvestors hold it
$553.82M
held by funds, at market
32.3%
of shares held by funds

Largest fund holders · Ivanhoe Electric Inc.’s weight in each

1.74%of fund net assets
Global X Copper Miners ETF
COPX · GLOBAL X FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
PRIMECAP Odyssey Aggressive Growth Fund
POAGX · PRIMECAP Odyssey Funds
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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