IE on NYSE

Ivanhoe Electric Inc.

We are a technology-driven United States minerals exploration and development company with a focus on copper and other critical metals vital to electric transmission and generation, manufacturing,.4 From its latest annual report

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Last updated Oct 19, 2026.

Overview

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  • TickerIE on NYSE2
  • IndustryMetal Mining2
  • HeadquartersWilmington, United States2
  • Incorporated inDE3
  • Business address450 E Rio Salado Parkway, Suite 130, Tempe, Az 852813
  • Filer categoryLarge accelerated filer3
  • Legal formCorporation2
  • LEI529900CQSYGI54GDUR522
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 32392082

We are a technology-driven United States minerals exploration and development company with a focus on copper and other critical metals vital to electric transmission and generation, manufacturing, infrastructure development, technology, and national security. Our wholly owned assets are located in the United States. We operate exploration joint ventures and alliances in Saudi Arabia, Chile and the United States. We use our powerful Typhoon™ geophysical surveying system, together with advanced data analytics provided by our subsidiary, Computational Geosciences Inc. (“CGI”), to accelerate and de-risk the mineral exploration process in the search for new deposits of critical metals that may otherwise be undetectable by traditional exploration technologies. We believe the United States is significantly underexplored and has the potential to yield major new discoveries of critical metals.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

65.3%Gross margin5
-3501.0%Operating margin5
-3263.7%Net margin5
11.8%Revenue growth, 20255
-25.4%Return on equity5
-$90.4MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue27¢$1.1M
  • Research and development7¢$275.0K
  • Interest66¢$2.8M
  • Income tax0¢$12.0K

Out of $3.2M in revenue.5 The company lost money this year.

Financial statements

Revenue675$3.2M in 2025−30% since 2021
0$2.5M$5.0M$7.5M$10.0M2021: $4.7M$4.7M20212022: $8.4M$8.4M2022+81%2023: $3.9M$3.9M2023−54%2024: $2.9M$2.9M2024−26%2025: $3.2M$3.2M2025+12%
Gross profit675$2.1M in 2025−32% since 2021
0$2.0M$4.0M$6.0M2021: $3.1M$3.1M20212022: $5.3M$5.3M2022+69%2023: $917.0K$917.0K2023−83%2024: $1.9M$1.9M2024+105%2025: $2.1M$2.1M2025+12%
Operating income675-$113.6M in 2025+87% since 2021
-$200.0M-$150.0M-$100.0M-$50.0M02021: -$60.7M-$60.7M20212022: -$132.2M-$132.2M2022+118%2023: -$180.4M-$180.4M2023+36%2024: -$177.0M-$177.0M2024−2%2025: -$113.6M-$113.6M2025−36%
Net income675-$105.9M in 2025+55% since 2021
-$200.0M-$150.0M-$100.0M-$50.0M02021: -$68.5M-$68.5M20212022: -$160.2M-$160.2M2022+134%2023: -$199.4M-$199.4M2023+24%2024: -$128.6M-$128.6M2024−35%2025: -$105.9M-$105.9M2025−18%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Revenue$3.2M$2.9M$3.9M
Cost of sales-$1.1M-$1.0M-$3.0M
Gross profit$2.1M$1.9M$917.0K
Exploration expenses$63.3M$130.9M$126.7M
General and administrative expenses$39.2M$44.7M$48.2M
Research and development expenses$275.0K$2.9M$6.1M
Selling and marketing expenses$26.0K$297.0K$276.0K
Provision expected for credit loss$10.3M$0$0
Impairment$2.6M$0$0
Loss from operations$113.6M$177.0M$180.4M
Interest expense, net$4.1M$2.6M$3.0M
Foreign exchange loss (gain)$553.0K$665.0K-$1.3M
Share of losses from significant influence investments$5.5M$8.7M$36.0M
Gain on disposal of subsidiary$0-$50.7M$0
Other expenses (income), net$1.2M$2.1M-$1.4M
Loss before income taxes$125.0M$140.2M$216.7M
Income taxes (recovery)$12.0K$32.0K-$584.0K
Less loss attributable to non-controlling interests-$19.2M-$11.6M-$16.7M
Net loss attributable to common stockholders or parent$105.9M$128.6M$199.4M
Net loss-$125.0M-$140.3M-$216.1M
Foreign currency translation adjustments$65.0K$1.0M$1.4M
Other comprehensive loss$65.0K$1.0M$1.4M
Comprehensive loss$125.1M$141.3M$217.4M
Common stockholders or parent$106.2M$129.8M$200.3M
Non-controlling interests$18.9M$11.5M$17.2M
Basic (in USD per share)$0.79$1.07$1.95
Diluted (in USD per share)$0.79$1.07$1.95
Basic (in shares)133.6M shares120.4M shares102.5M shares
Diluted (in shares)133.6M shares120.4M shares102.5M shares

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Leadership

Who has led Ivanhoe Electric Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (20)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorLaurent Frescaline named Apr 19, 202235
  • Executive Officer, DirectorRobert Friedland named Apr 19, 202235
  • DirectorIan (Patrick) Plimer named Apr 19, 202235
  • DirectorKenneth (Patrick) Lau named Apr 19, 202235
  • DirectorOn Yip (Patrick) Tsang named Apr 19, 202235

Timeline

  1. Nov 22, 2022New chief executive Taylor Melvin becomes CEO11
  2. Jul 14, 2020Founded Ivanhoe Electric Inc. is founded2

Filings

357 filings to the SEC since October 2021: 5 annual reports, 13 quarterly reports, 58 major events, 156 insider forms, 45 large holders, 1 private raises, 79 other. The latest 20:

  1. Sep 23, 20268-K EDGAR
  2. Sep 2, 20263 EDGAR
  3. Aug 7, 202610-Q EDGAR
  4. Aug 6, 2026SCHEDULE 13G/A EDGAR
  5. Aug 5, 20268-K EDGAR
  6. Aug 3, 20263 EDGAR
  7. Jul 10, 2026SD EDGAR
  8. Jul 8, 20268-K EDGAR
  9. Jun 26, 20264 EDGAR
  10. Jun 4, 20268-K EDGAR
  11. May 29, 20268-K EDGAR
  12. May 21, 20268-K EDGAR
  13. May 15, 2026SCHEDULE 13G/A EDGAR
  14. May 15, 2026SCHEDULE 13G/A EDGAR
  15. May 15, 2026SCHEDULE 13G/A EDGAR
  16. May 12, 2026SCHEDULE 13G EDGAR
  17. May 11, 20268-K EDGAR
  18. May 7, 202610-Q EDGAR
  19. Apr 30, 2026S-3ASR EDGAR
  20. Apr 21, 2026DEFA14A EDGAR

The 357 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

45 open-market trades by officers, directors and large owners since October 2021: 17 buys and 28 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 6, 2026Kuntz Glen NickolasSVP, Mine DevelopmentSale14,863$13.20$196.2KForm 4
Mar 6, 2026Neeser JordanChief Financial OfficerSale17,123$13.20$226.0KForm 4
Mar 6, 2026Terhorst StephaniVice President Human ResourcesSale6,233$13.20$82.3KForm 4
Mar 6, 2026Melvin Joseph TaylorPresident and CEOSale6,808$13.20$89.9KForm 4
Mar 6, 2026Joseph Cassandra PulskampGen. Counsel / Corp. SecretarySale4,664$13.20$61.6KForm 4
Mar 6, 2026Boyd Graham Richard ThomasSenior VP, ExplorationSale11,147$13.20$147.1KForm 4
Feb 25, 2026Joseph Cassandra PulskampGen. Counsel / Corp. SecretarySale123,074$16.48$2.0MForm 4
Dec 29, 2025Markin QuentinSee RemarksSale90,000$16.34$1.5MForm 4
Sep 25, 2025Prestige Century Investments Ltd10% ownerSale3,418,295$9.30$31.8MForm 4
Aug 21, 2025Boyd Graham Richard ThomasSenior VP, ExplorationSale134,059$8.92$1.2MForm 4
Mar 7, 2025Melvin Joseph TaylorPresident and CEOBuy50,000$5.76$288.0KForm 4
Mar 7, 2025Neeser JordanChief Financial OfficerBuy2,500$5.75$14.4KForm 4
Mar 6, 2025Boyd Graham Richard ThomasSenior VP, ExplorationBuy5,000$5.83$29.1KForm 4
Mar 6, 2025Neeser JordanChief Financial OfficerBuy7,500$5.92$44.4KForm 4
Mar 5, 2025Neeser JordanChief Financial OfficerBuy20,000$5.86$117.1KForm 4
Feb 14, 2025FRIEDLAND ROBERT MExecutive ChairmanBuy816,667Form 4
May 20, 2024Gibson Mark Andrew StuartChief Geophysics OfficerSale25,000$12.16$304.0KForm 4
May 17, 2024Gibson Mark Andrew StuartChief Geophysics OfficerSale16,656$12.16$202.5KForm 4
May 17, 2024Gibson Mark Andrew StuartChief Geophysics OfficerSale11,656$12.22$142.4KForm 4
May 16, 2024Gibson Mark Andrew StuartChief Geophysics OfficerSale28,344$12.45$352.9KForm 4

All 45 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Apr 5, 2022Raised $86.2 million in a private offering of debt Form D: 8 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.15,224,640$146.3M0.0%+1,471,710
State Street Corp10,744,717$103.3M0.0%+1,407,421
Fmr LLC9,016,823$86.7M0.0%−1,899,434
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.7,215,835$69.1M0.1%+1,755,554
Wellington Management Group Llp7,038,087$67.6M0.0%+1,371,303
Alyeska Investment Group, L.P.6,858,654$65.9M0.2%+109,589
Vanguard Capital Management LLC5,506,565$52.9M0.0%+409,590
SailingStone Capital Partners LLC4,195,373$40.3M7.5%+1,146,899
Primecap Management Co/ca/3,428,284$32.9M0.0%+188,700
Geode Capital Management, LLC3,039,086$29.2M0.0%+479,083
MFN Partners Management, LP2,553,191$24.5M0.5%No change
Goehring & Rozencwajg Associates, LLC2,267,908$21.8M1.3%+152,899
Legal & General Group Plc1,872,464$18.0M0.0%+637,836
Vanguard Portfolio Management LLC1,257,268$12.1M0.0%+299,838
Northern Trust Corp1,079,648$10.4M0.0%+177,162
D. E. Shaw & Co., Inc.1,062,657$10.2M0.0%+76,935
Morgan Stanley1,057,428$10.2M0.0%−157,918
Kopernik Global Investors, LLC1,033,970$9.9M0.6%−750,200
Charles Schwab Investment Management Inc983,719$9.5M0.0%+97,567
Raffles Associates LP954,154$9.2M4.0%+422,077
Dimensional Fund Advisors LP924,619$8.9M0.0%+188,713
Goldman Sachs Group Inc917,772$8.8M0.0%−1,156,008
Vanguard Fiduciary Trust Co839,588$8.1M0.0%+85,038
Alps Advisors Inc825,533$7.9M0.0%+151,177
Bank of New York Mellon Corp820,350$7.9M0.0%+530,522

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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