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Ivanhoe Electric Priced, NYSE American: IE

Owns and develops US copper, gold, and other mineral and metal mining projects.

Industry: Materials

Latest Trade: $9.01 0.00 (0.0%)

First Day Return: -8.1%

Return from IPO: -23.3%

Industry: Materials

We are a United States domiciled minerals exploration and development company with a focus on developing mines from mineral deposits principally located in the United States in order to support American supply chain independence and to deliver the critical metals necessary for electrification of the economy. We believe the United States is significantly underexplored and has the potential to yield major new discoveries of these metals. Our two material mineral projects are located in the United States and are known as the Santa Cruz Copper Project (“Santa Cruz”) in Arizona and the Tintic Copper-Gold Project (“Tintic”) in Utah. Santa Cruz is situated in a prolific mining region that hosts some of the largest copper mines in the United States. Tintic was a historically significant silver producing district, as well as a copper and gold district, that we believe has the potential to host a world-class porphyry copper-gold deposit.
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IPO News for Ivanhoe Electric
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IPO Data
IPO File Date 05/24/2022
Offer Price $11.75
Price Range $11.75 - $12.50
Offer Shares (mm) 14.4
Deal Size ($mm) $169
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/27/2022
Offer Price $11.75
Price Range $11.75 - $12.50
Offer Shares (mm) 14.4
Deal Size ($mm) $169
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Vancouver, Canada
Founded 2010
Employees 89
Website www.ivanhoeelectric.com